Swiggy, today announced that its quick commerce vertical, Swiggy Instamart, has expanded to 76 cities across the nation. It ...

Swiggy’s dark store arm Instamart is now in 76 cities and reportedly preparing a separate app to improve utilisation of quick-commerce services. Read the latest news below.

Blinkit and Swiggy Instamart are operating with total dark store counts of 1,007 and 705, respectively, as of the third quarter of FY25.This figure is around 750 for Zepto, ...

IPO-bound food tech major Swiggy expects Instamart, its quick commerce arm, to soon outpace its core food delivery business as demand for instant convenience grows in India’s cities.

Swiggy Instamart’s standalone margin contribution to the parent company’s top line dropped to -4.6% in the third quarter of the ongoing fiscal year (Q3 FY25) from -1.9% in the preceding quarter.

This comes as Swiggy filed draft papers with Sebi for its ₹ 10,414 crore initial public offering (IPO). Economic Times reported citing people in the know that Amazon is interested in Instamart.

Swiggy Instamart takes on startups like Blinkit and Zepto by launching smartphone deliveries in 10 cities, offering instant access to premium gadgets with exclusive discounts.

Its adjusted Ebitda in Q2FY25 in the two businesses was ₹ 333 crore, whereas Swiggy’s was negative at ₹ 247 crore, mainly due to losses in its quick-commerce arm Instamart.

Foodtech major Swiggy has roped in Flipkart’s former senior vice president Amitesh Jha as chief executive officer of its quick commerce business Instamart With Jha taking on his new role, Swiggy ...