DancingDonut

Swiggy - Huge losses in Instamart

Swiggy burning 120 Cr a month on instamart. Would they have needed to fire so many people if they would have fixed their unit economics?

Jab Yeh DRHP file karega, tab Zomato ka Stock badhega!

8mo ago

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SleepyCupcake

Capgemini8mo

I'm confused honestly. They don't give any discounts on instamart and buying groceries from my local shops is cheaper. So, how come they are operating in losses?

DancingDonut

Stealth8mo

Koi swiggy wala hai idhar to batao bhai?

DizzyBurrito

Stealth8mo

According to leadership the profits for Instamart are dependent on AOV. It's around 300 I guess while for blinkit it's in 400'sh (don't remember the exact no's) source: ex employee was part of Jan layoff.

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