Gå ubegrenset med Magzter GOLD
Få ubegrenset tilgang til over 9000 magasiner, aviser og premiumhistorier for bare
Prøve GULL - Gratis
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.
Denne historien er fra October 31, 2025-utgaven av Mint Mumbai.
Abonner på Magzter GOLD for å få tilgang til tusenvis av kuraterte premiumhistorier og over 9000 magasiner og aviser.
Allerede abonnent? Logg på
FLERE HISTORIER FRA Mint Mumbai
Mint Mumbai
Loans, wealth units to drive Groww's growth
Co looks beyond broking to bonds, commodities as new growth engines
3 mins
October 31, 2025
Mint Mumbai
Indian refiners set for surge in exports
Crippled refineries in Russia and the advancing winter in Europe are expected to pump up demand for Indian petro-products till the end of March.
3 mins
October 31, 2025
Mint Mumbai
boAt’s post-IPO dream of a premium avatar to face a tough reality
Five years ago, during the covid-19 pandemic, a crop of homegrown electronics brands flooded the market with near-identical smartwatches and wireless earbuds as they vied to offer the cheapest versions of these products.
2 mins
October 31, 2025
Mint Mumbai
JIOBLACKROCK: WHAT CAN MF INVESTORS EXPECT?
Parentage alone may not be enough for the joint venture to conquer the Indian mutual fund industry
9 mins
October 31, 2025
Mint Mumbai
4G launch boosts BSNL Q2 revenue per user by 12%
Scindia says certain circles like Jharkhand, Kolkata need to raise Arpus from below ₹60
1 mins
October 31, 2025
Mint Mumbai
Why Indian wealth managers are betting on US Smids
Some of India’s leading wealth managers looking beyond the country’s bustling markets for global diversification are zeroing in on US smalland mid-cap (Smid) stocks, expecting these to deliver better returns than their overheated domestic counterparts.
1 mins
October 31, 2025
Mint Mumbai
STABILITY BREEDS COMPLACENCY: INVESTORS MUST RELEARN THE ART OF CAUTION
Every investing era has its favourite rationalizations—confident claims that the old rules no longer apply.
2 mins
October 31, 2025
Mint Mumbai
Swiggy to shore up Instamart cash buffer as Q2 loss widens
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.
2 mins
October 31, 2025
Mint Mumbai
China opens door to rare earth relief
Four Indian cos get nod; Beijing suspends planned extra curbs
2 mins
October 31, 2025
Mint Mumbai
Sebi eases rollout of derivative rules
The Securities and Exchange Board of India (Sebi) on Thursday announced new, staggered deadlines for derivative eligibility rules, giving market participants an extended transition period.
1 mins
October 31, 2025
Listen
Translate
Change font size