Essayer OR - Gratuit
Swiggy to shore up Instamart cash buffer as Q2 loss widens
Mint Mumbai
|October 31, 2025
Swiggy reported another unprofitable quarter this fiscal, weighed down by higher spending on its quick commerce arm Instamart, highlighting the tough road to profitability in rapid delivery.
Its net loss rose to ₹1,092 crore against ₹626 crore in the year-ago period. Its operating revenue was at ₹5,561 crore, up 54.4% year-on-year, surpassing ₹5,280 crore estimate of analysts surveyed by Bloomberg.
The firm is mulling raising up to ₹10,000 crore through a qualified institutional placement (QIP) and other permissible routes to fortify balance sheet and maintain flexibility in India’s fiercely competitive quick commerce market. This comes almost a year after listed rival Eternal Ltd raised ₹8,500 crore via QIP, and about two weeks after Zepto raised $450 million in private capital from California Public Employees’ Retirement System.
Cette histoire est tirée de l'édition October 31, 2025 de Mint Mumbai.
Abonnez-vous à Magzter GOLD pour accéder à des milliers d'histoires premium sélectionnées et à plus de 9 000 magazines et journaux.
Déjà abonné ? Se connecter
PLUS D'HISTOIRES DE Mint Mumbai
Mint Mumbai
Airfares hit four-year low on weak traffic; IndiGo crisis dulls demand
India's average domestic airfares hit a four-year low in the December quarter, an unusual outcome for a seasonally strong period, as traffic slowed through 2025 and demand weakened on non-metro routes.
2 mins
January 10, 2026
Mint Mumbai
Jaipur's many sweet takes
A winter food walk through the bylanes of Pink City reveals rituals and craftsmanship
2 mins
January 10, 2026
Mint Mumbai
Better than the real thing
STREAM OF STORIES
3 mins
January 10, 2026
Mint Mumbai
XAI under fire for sexualized child photos on Grok
Elon Musk has repeatedly expanded the boundaries of permitted speech on his social-media platform X.
4 mins
January 10, 2026
Mint Mumbai
Federal Bank unveils Fortuna Wave to appeal to all young, mobile-first clients
Federal Bank's new brand identity, anchored by a refreshed logo called Fortuna Wave, comes at a moment when legacy banks are being forced to rethink how they appear, speak and scale—not because the old has failed, but because the audience has shifted.
3 mins
January 10, 2026
Mint Mumbai
Dec gold ETFs log record ₹11,647 cr
India’s equity investors are flocking to gold exchange- traded funds as a hedge against stock market volatility amid global headwinds.
1 min
January 10, 2026
Mint Mumbai
Blackstone checks into Taj Aravali, buys 50% for $110 mn
The asset manager eyes further expansion with significant stake in Bengaluru’s Ritz-Carlton
2 mins
January 10, 2026
Mint Mumbai
Jewellery in India isn't just about the flex
A new book, 'Silver & Gold', is a reminder that jewellery has links to faith and culture in India
3 mins
January 10, 2026
Mint Mumbai
US trade fears rattle markets; Nifty below 26,000
Domestic equities were shaken by the ‘Trump factor’ throughout the week, leaving India the worst-performing major market globally as risk-off sentiment gripped investors.
1 mins
January 10, 2026
Mint Mumbai
December inflation likely up at 1.6%: Poll
India’s retail inflation has likely inched up to 1.6% in December from 0.7% in November, driven by shallower deflation in food items and the fading impact of a favourable base effect, according to a Mint poll of 5 economists.
1 min
January 10, 2026
Listen
Translate
Change font size