Swiggy Adds B2B Brick In Food Delivery Wall

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Riding high at INR 617 just three months ago, the Swiggy stock has nosedived 43% from peak levels, wiping out a staggering INR 60,000 Cr in market cap in the last quarter of FY25.

If that wasn’t enough, the stock is over 10% below its issue price of INR 390. But there’s also optimism in the air, especially as we enter FY26 and Swiggy prepares an arsenal of new businesses to scale up.

After lukewarm financial performance in Q3 FY25 (December), things have been downhill for Swiggy, which this week entered the B2B supply space with…



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Swiggy Adds B2B Brick In Food Delivery Wall


Riding high at INR 617 just three months ago, the Swiggy stock has nosedived 43% from peak levels, wiping out a staggering INR 60,000 Cr in market cap in the last quarter of FY25.

If that wasn’t enough, the stock is over 10% below its issue price of INR 390. But there’s also optimism in the air, especially as we enter FY26 and Swiggy prepares an arsenal of new businesses to scale up.

After lukewarm financial performance in Q3 FY25 (December), things have been downhill for Swiggy, which this week entered the B2B supply space with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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