Did Swiggy Hive Off Instamart To Help In Inventory Pivot, Fund Raise?

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SUMMARY

Swiggy exits investments in Rapido in a predictable move since mobility startup ventured into food delivery space with Ownly

Food delivery giant’s move to spin off quick commerce arm Instamart hints at efforts to sharpen strategic focus and ensure operational flexibility

Instamart is likely to go for raising funds from domestic investors as it weighs a shift to the inventory-led model from the marketplace structure

Swiggy’s double move to hive off its quick commerce vertical Instamart into a step-down…



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Did Swiggy Hive Off Instamart To Help In Inventory Pivot, Fund Raise?


SUMMARY

Swiggy exits investments in Rapido in a predictable move since mobility startup ventured into food delivery space with Ownly

Food delivery giant’s move to spin off quick commerce arm Instamart hints at efforts to sharpen strategic focus and ensure operational flexibility

Instamart is likely to go for raising funds from domestic investors as it weighs a shift to the inventory-led model from the marketplace structure

Swiggy’s double move to hive off its quick commerce vertical Instamart into a step-down…



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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