#StartUpWithMC | Online food delivery firm @swiggy_in will invest $700 mil in its express grocery delivery business #Instamart to grow it at even faster rates.
Chandra R Srikanth & Priyanka Sahay report at
https://www.moneycontrol.com/news/business/startup/swiggy-to-invest-700-million-in-instamart-clocks-one-million-weekly-grocery-orders-7782941.html
#BigBasket #Grofers #Instamart #Swiggy
Chandra R Srikanth & Priyanka Sahay report at
https://www.moneycontrol.com/news/business/startup/swiggy-to-invest-700-million-in-instamart-clocks-one-million-weekly-grocery-orders-7782941.html
#BigBasket #Grofers #Instamart #Swiggy
Moneycontrol
Swiggy To Invest $700 Million In Instamart, Clocks One Million Weekly Grocery Orders
Swiggy's move to commit a huge investment to Instamart comes at a time when there is heightened competition in the so-called quick commerce space in India- where startups are promising delivery of essentials in under an hour.