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Chief financial officer Rahul Bothra told Inc42 that Swiggy is in the process of operationalising ‘mega dark stores’ with an area of 8,000-10,000 sq ft in several pockets of Bengaluru.
The updated prospectus filed by Swiggy on Thursday for its initial ... to be deployed towards the expansion of Instamart’s dark store footprint. In May 2023, Sriharsha Majety had said in a ...
Swiggy’s dark stores count increased by 30% Year-on ... With this, Swiggy exceeds rival company Zomato’s store count which was recorded at 526 stores by March 31, 2024. While Zomato has ...
Overall, Swiggy expects to more than double its active dark store area to 4 million sq. ft by March 2025.(Mint) Newly listed food and grocery delivery firm Swiggy is looking to increase its ...
And overall, at a steady state, we expect it to be 6% to GOV,” noted the Swiggy executive as the company expects to double its dark store count to over 1,000 in the next four months.
Swiggy proposes to utilize the net proceeds from its IPO to expand its dark store network for quick commerce and enhance its brand awareness and visibility across segments. “We are continuing to ...
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IPO-bound Swiggy to launch bigger dark storesBENGALURU: Swiggy is set to launch larger dark stores as part of its quick commerce ... availability of the assortment at the hyperlocal store. If the store size is limited, there are only so ...
According to its red herring prospectus filed before the IPO, Scootsy will be utilised for opening about 538 dark stores as the foodtech company rides the quick commerce tide. Swiggy has further ...
(Representational Image/Reuters) Food and grocery delivery platform, Swiggy on Friday reported ... as the company aggressively expanded its dark store network. This widening of losses came despite ...
Swiggy is expanding its quick commerce operations with larger dark stores measuring 8,000-10,000 square feet, aiming to offer a wider selection of products and potentially extending delivery times ...
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