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Zepto and Swiggy Instamart racing to gain share. Swiggy Instamart opened 316 dark stores in the March quarter — triple its usual pace — taking its total to 1,021 and matching Blinkit’s ...
Swiggy Instamart, the food aggregators quick commerce platform, is likely to rope in Flipkart’s senior vice president Ankit Jain as its SVP, replacing Sairam Krishnamurthy, SVP and chief ...
Ankit Jain, Senior Vice President and Head of Grocery and Large Supply Chain, is quitting Flipkart to join Swiggy Instamart, one of Flipkart’s newest rivals. He will be replacing SVP and Chief ...
The GOV growth of Swiggy Instamart jumped 101% YoY and 19.5% quarter-on-quarter (QoQ), clocking ₹4,670 crore in Q4FY25. Swiggy share price has fallen 10% in one month and has declined 18% in ...
Blinkit, nearly twice the size of Swiggy’s Instamart, is still growing faster - its GOV jumped 134% year-on-year in Q4FY25, compared to Instamart’s 101%. This isn’t just a two-horse race.
Further, Swiggy CEO Sriharsha Majety stated that in terms of market share, Instamart prioritises ‘focused geographies’ while evaluating markets with better profit prospects. He also referenced ...
Undoubtedly, the revenue growth is a positive factor for Swiggy, but the fact is that it has fallen deeper into the red. Over the past year, we have seen the Instamart and quick commerce boom ...
While the company has been aggressively expanding the dark store network of Swiggy Instamart, it has taken a toll on its bottom line. The quick commerce vertical’s adjusted EBITDA loss zoomed ...
Meanwhile, Swiggy Instamart added 498 stores over the entire fiscal year, with nearly half of its network being less than a year old. According to the company, the average age of these stores is ...
The company's bullishness on Bolt stands in contrast to rival Zomato, which shut down its own 10-minute food delivery initiative, Zomato Quick, earlier this month. (Reuters) As growth in the food ...