Swiggy Instamart delivers 101% YoY growth in Q4 GOV

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Quick commerce giant Swiggy Instamart reported a 101% year-on-year (YoY) growth in its gross order value (GoV) to reach Rs 4,670 crore in the January-March quarter of the financial year 2025, on Friday. Swiggy Instamart added 316 new dark stores, which is more than the total additions in the last eight quarters, in this quarter alone. It also expanded its presence to 124 cities. The app’s average order value increased by 13% YoY to Rs 527 in the fourth quarter of FY2025.“Quick commerce is in a phase of rapid expansion and heightened competitive…



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Swiggy Instamart delivers 101% YoY growth in Q4 GOV


Quick commerce giant Swiggy Instamart reported a 101% year-on-year (YoY) growth in its gross order value (GoV) to reach Rs 4,670 crore in the January-March quarter of the financial year 2025, on Friday. Swiggy Instamart added 316 new dark stores, which is more than the total additions in the last eight quarters, in this quarter alone. It also expanded its presence to 124 cities. The app’s average order value increased by 13% YoY to Rs 527 in the fourth quarter of FY2025.“Quick commerce is in a phase of rapid expansion and heightened competitive…



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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