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Swiggy Plans Instamart Model Shift to Boost Margins

By Uniquetimesorg August 20, 2026 0

Swiggy’s quick-commerce arm Instamart is preparing to shift from a marketplace model to an inventory-led model, following shareholder approval that gives the company Indian-owned and controlled status. The move could allow Instamart to hold inventory directly and compete more closely with market leader Blinkit in India’s rapidly growing quick-commerce sector. Swiggy Continue Reading

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Swiggy Shareholders Approve Indian-Owned Status Move

By Uniquetimesorg August 18, 2026 0

Swiggy said on Tuesday that shareholders have approved a proposal to cap aggregate foreign ownership at 49.5%, clearing a key hurdle for the food and grocery delivery company to qualify as an Indian-owned and controlled company (IOCC). The move could allow Swiggy’s quick-commerce business, Instamart, to shift from a marketplace model to an inventory-ownership model, […]Continue Reading

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Swiggy Sets ₹100 Billion Earnings Goal by FY31

By Uniquetimesorg August 6, 2026 0

Swiggy has announced an ambitious target of achieving ₹100 billion ($1.05 billion) in core earnings (EBITDA) by fiscal 2031. The company expects this growth to be driven by the continued expansion of its food delivery business and its quick-commerce platform, Instamart. The company projects Instamart’s gross order value (GOV) to increase four to five times, […]Continue Reading

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Swiggy Appoints Nandita Sinha as Instamart CEO

By Uniquetimesorg July 28, 2026 0

Swiggy has appointed Nandita Sinha as the Chief Executive Officer of its quick commerce platform, Instamart, effective August 3, following the resignation of Amitesh Kumar Jha. Sinha, the former CEO of Myntra, brings over two decades of leadership experience, having held key roles at Flipkart, Britannia, and Hindustan Unilever. The leadership change comes at a […]Continue Reading

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Swiggy Q4 Loss Narrows as Food Delivery Sees Strongest Growth in Years

By Uniquetimesorg May 9, 2026 0

India’s food and grocery delivery platform Swiggy reported a narrower fourth-quarter loss, helped by strong growth in its core food delivery business. The company said rising orders, expanding user numbers, and affordable offerings such as “99-Store” and restaurant marketplace “Toing” boosted demand. CEO Sriharsha Majety noted that the food delivery segment delivered its Continue Reading

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Swiggy Shares Rebound After Eight-Day Losing Streak Despite Market Sell-Off

By Uniquetimesorg March 4, 2026 0

Shares of food delivery and quick commerce platform Swiggy rebounded on Wednesday, March 4, defying the broader market sell-off. The stock opened the session at ₹280, marking a fresh all-time low, but buying interest emerged during the day, pushing it to an intraday high of ₹300.20, around 4% higher than the previous close. The recovery […]Continue Reading

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Swiggy Narrows Quarterly Loss as Instamart Growth Accelerates

By Uniquetimesorg January 29, 2026 0

India’s Swiggy reported a narrower sequential loss for the December quarter, helped by strong momentum in its Instamart quick-commerce unit, and reiterated its goal of achieving contribution-margin break-even by the first quarter of fiscal 2027. The company posted a consolidated loss of 10.65 billion rupees, slightly improved from 10.92 billion rupees in the prior quarter, Continue Reading