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SWIGGY PROFITABILITY ROADMAP
Zepto overtakes Instamart in order count, trails Blinkit in scale and profitabilityFor the January-March quarter of FY26, Blinkit reported a net order value of Rs 14,386 crore, compared with Zepto’s calculated net order va...- Swiggy's loss widens; Economic Survey highlightsFood and grocery delivery platform Swiggy's losses widened in despite strong revenue growth. This and more in today's ETtech Top 5.
- Tata's iPhone ambitions; Pronto eyes fresh fuelTata Electronics is building itself up to be the biggest iPhone producer in India. This and more in today’s ETtech Top 5.
- PayU India has achieved a financial turnaround and is on track for full profitability by FY27, says group CFOPayU Group CFO Arvind Agarwal discusses the company’s turnaround in H1 FY26, citing a 20% revenue jump and EBITDA breakeven. He outlines th...
- TCS-TPG $2 billion data centre bet; Tata Digital layoffsIT major TCS has struck a multi-billion-dollar JV to build data centres in India. This and more in today’s ETtech Top 5.
- Groww CEO interview; Swiggy, Google resultsGroww CEO Lalit Keshre talked about the company's upcoming IPO. This and more in today's ETtech Top 5.
- Swiggy shares jump over 5% in intra-day trade; what’s driving the rally?Swiggy's shares jumped 5.5% following optimistic forecasts for its food delivery and quick commerce sectors. DAM Capital projects a 28% rev...
- Quick commerce now accounts for 20% of ecommerce sector in India: Walmart International CEOKathryn McLay says Walmart is excited about Flipkart’s growth but is not so focused on profitability in such a way that we would trade off ...
- Prefer IT midcaps to largecaps; bullish on 3 stocks in BFSI space: Deven ChokseyMid-tier engineering R&D firms are expected to benefit from the shift from coding to computing. Deven Choksey believes growth is anticipate...
- Cautious on largecap IT, metals; Zomato or Swiggy & Reliance can be portfolio bets: Dipan MehtaDipan Mehta, Director of Elixir Equities, expresses caution towards large-cap IT companies due to flat growth, suggesting mid-cap IT firms ...
- Keep Swiggy on your radar, but Zomato a safer bet right now: Dipan MehtaSo, just waiting for a buying trigger, which has to come in the form of unlocking of value for the retail and the telecom division. Right n...
- Swiggy IPO fairly priced; do not see much downside from here: Rahul JainSwiggy needs to prove its common fleet and consumer base will improve unit economics. The company is behind Zomato in profitability. Compet...
- How capital surge may fuel discount war in quick commerce spaceThe $665 million funding round at Zepto may trigger a discounting war among players like Blinkit, Instamart, and Flipkart. Blinkit faces in...
- Silicon Valley’s SPC plans India outpost; Holi spike for quick-commerceHappy Tuesday! San Francisco-based South Park Commons is working with Flipkart’s cofounder Binny Bansal on its India expansion. Details on ...
- Ranjan Pai’s big Aakash stake; Meesho, Pine Labs fair value cutManipal group head Ranjan Pai will soon become the largest shareholder in Aakash—one of the few remaining valuable assets of troubled edtec...
- Byju’s, Meesho face valuation cuts; electric two-wheeler beneficiaries’ tally under FAME slashedOn Tuesday, BlackRock further marked down the valuation of edtech firm Byju’s, while Fidelity Investments slashed Meesho’s valuation by 10%...
- Hot Stocks: Brokerages on Mankind Pharma, Lupin, MGL, Zomato, Godrej ConsumerBrokerages have initiated coverage and maintained ratings on several companies, according to top brokerages sources. Antique has initiated ...
- Ecommerce startup Meesho cuts 15% workforce; layoffs amount to 251 employeesCEO Vidit Aatrey tells staff firm made judgment errors in over hiring, now aligning people cost with new biz projections
- Scoop: HUL & others in talks to buy Oziva; Swiggy may sack 250 employees this monthOziva, which sells nutrition and fitness products across categories such as women’s health, skin, hair, men’s health and general wellness, ...
- Exchanges plan ad blitz for festival crypto gold rushTo tap into the festive season that began with Ganesh Chaturthi on Friday, Indian crypto exchanges are ramping up hiring, and planning prod...
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