AIInc42about 2 hours ago
Swiggy Q1, Sarvam AI, Fintech IPO Wave
7 min read
Swiggy's Instamart hit contribution margin breakeven in Q1, with average revenue per order rising to ₹108 after shedding over 4 million unprofitable users. Sarvam announced a trillion-parameter AI model within six months, launched Sarvam Code, and opened a San Francisco office.
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