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Food and quick commerce platform Swiggy is eyeing overall profitability between December 2025 and June 2026, with its quick commerce vertical Instamart playing a central role in driving the turnaround. The firm made this clear during its Q1 FY26 earnings call with analysts and investors.
Instamart has demonstrated notable performance, with Gross Order Value (GOV) more than doubling (108% YoY). More importantly, the average order value (AOV) grew 26% YoY and 16% QoQ, surpassing…
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Food and quick commerce platform Swiggy is eyeing overall profitability between December 2025 and June 2026, with its quick commerce vertical Instamart playing a central role in driving the turnaround. The firm made this clear during its Q1 FY26 earnings call with analysts and investors.
Instamart has demonstrated notable performance, with Gross Order Value (GOV) more than doubling (108% YoY). More importantly, the average order value (AOV) grew 26% YoY and 16% QoQ, surpassing…
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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