StartupsInc42about 3 hours ago
Swiggy's Instamart Turns A Corner
9 min read
Swiggy's Instamart reached contribution margin break-even in Q1 FY27, with losses narrowing to ₹778 Cr. However, shares fell nearly 5% as food delivery growth slowed and GOV rose 39.8% YoY to ₹7,907 Cr. Zepto's IPO pause may cushion Swiggy's valuation.
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