Swiggy Eyes Margin Boost With New Inventory Model
Swiggy received shareholder approval for a foreign ownership cap to shift its Instamart unit to an inventory model. The change aims to mirror rival Blinkit and improve margins in the quick-commerce sector.
Xurve View
Insights:
Xurve View
SWIGGY LTD has secured shareholder approval for a foreign ownership cap, allowing its quick-commerce unit Instamart to transition to an inventory-led model. The shift mirrors market leader Blinkit as delivery platforms compete in India's $11.5 billion quick-commerce sector. The change aims to boost margins by cutting costs and giving the platform greater control over pricing.
