Download
Indian Startups
Indian Startups
on
DancingDonut
DancingDonut
Stealth

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!

Post image
9mo ago
Find out if you are being paid fairly.Download Grapevine
SleepyCupcake
SleepyCupcake
Capgemini9mo

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
DancingDonut
Stealth9mo

Koi swiggy wala hai idhar to batao bhai?

DizzyBurrito
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.

Discover more
Curated from across
Indian Startups
Indian Startups6mo
by ZoomyCoconutZomato

Swiggy v Zomato: Just putting it out there

Some comparisons:

  • Swiggy’s trading losses reduced to $158mn during FY24 while Zomato reported a positive Ebitda of c.$5mn during FY24.
  • Swiggy’s GOV growing at 26% YoY vs Zomato at 36%
  • Swiggy had 387,000 active delivery partners vs ...
2.4K
Software Engineers
Software Engineers23mo
by CosmicDonutZomato

Reality check at Zomato

As everyone knows that zomato is now hiring 800 employees after two months of a mass layoff, and exit of senior profiles like VP and CTO.

Let me tell you the truth about the founder. He is an opportunist. He doesn't give a shit about ...