Quick commerce price war: Rivals offering steep discounts to capture market, says Swiggy CFO

May 10, 2025

, By The Economic Times

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At a time when its rivals have indicated further aggression in the buzzing quick commerce sector, Bengaluru-based Swiggy is taking a more calculated approach to expansion. The company said Friday that investments in its quick commerce unit Instamart have peaked, expecting losses to start unwinding. In an interaction with ETtech, Swiggy’s CFO Rahul Bothra said that store expansion from hereon will be a derivative of growth for the company and not the other way round. He also detailed the rationale behind the company tweaking its guidance for quick…

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Quick commerce price war: Rivals offering steep discounts to capture market, says Swiggy CFO

May 10, 2025

, Published By The Economic Times

At a time when its rivals have indicated further aggression in the buzzing quick commerce sector, Bengaluru-based Swiggy is taking a more calculated approach to expansion. The company said Friday that investments in its quick commerce unit Instamart have peaked, expecting losses to start unwinding. In an interaction with ETtech, Swiggy’s CFO Rahul Bothra said that store expansion from hereon will be a derivative of growth for the company and not the other way round. He also detailed the rationale behind the company tweaking its guidance for quick…

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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Previous News

Cracking Pincode, PhonePe’s Second Innings In Quick Commerce

Next News

Builders & Investors Guide To B2B Fintech In India

The Economic Times

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