Instamart
- INDIAINDIA · 1 min
Flipkart Minutes surpasses Swiggy Instamart in dark stores across top cities
Flipkart Minutes has overtaken Swiggy Instamart in the number of dark stores across the top 10 Indian cities, according to economictimes.indiatimes.com.
26 Aug, 03:29 pm IST - INDIAINDIA · 2 min
Swiggy shareholders approve foreign ownership cap for Instamart shift
Swiggy shareholders have approved a 49.5% cap on aggregate foreign ownership, enabling the company’s quick-commerce arm Instamart to transition from a marketplace model to an inventory-led model.
21 Aug, 03:28 pm IST - STARTUPSSTARTUPS · 2 min
Swiggy secures IOCC status to shift Instamart to inventory model
Swiggy has become an Indian-owned and controlled company (IOCC) after shareholders approved capping foreign ownership at 49.5%, enabling a major shift in Instamart’s business model.
19 Aug, 09:28 am IST - STARTUPSSTARTUPS · 2 min
Swiggy’s Instamart hits contribution margin break-even in Q1 FY27
Swiggy’s quick commerce arm Instamart achieved contribution margin break-even for the first time in Q1 FY27, according to the company’s recent financial results reported this week.
03 Aug, 07:28 am IST - STARTUPSSTARTUPS · 1 min
Swiggy narrows Q1 net loss by 34%, Instamart hits breakeven
Swiggy narrowed its net loss by nearly 34% year-on-year to ₹791 crore in the first quarter of fiscal 2027, according to inc42.com.
31 Jul, 09:28 am IST - STARTUPSSTARTUPS · 2 min
Swiggy Instamart and Nykaa ramp up quick commerce leadership hires
Swiggy Instamart has appointed former Myntra CEO Nandita Sinha as its new chief executive, replacing Amitesh Jha, while Nykaa has hired ex-Instamart COO An…
29 Jul, 09:28 am IST - STARTUPSSTARTUPS · 2 min
Instamart appoints ex-OYO international CEO Gautam Swaroop as CBO
Swiggy Instamart has appointed Gautam Swaroop as its Chief Business Officer (CBO), following the recent departure of Hari Kumar from the role.
01 Jul, 01:22 pm IST