Swiggy CEO Rules Out Spending War

By BPN News Desk
Swiggy
Business
Swiggy CEO Sriharsha Majety has said the company will avoid joining a costly spending battle in India’s quick-commerce market, choosing instead to focus on profitability, customer loyalty and long-term business discipline. Swiggy Focuses On Profitability Majety said Swiggy does not plan to
Swiggy
Business

Swiggy Q1 Loss Nearly Doubles as Revenue Jumps 54%

By BPN News Desk
Swiggy, the Indian food and quick-commerce delivery platform, reported a sharp rise in its net loss for the first quarter of fiscal year 2026. Despite a substantial boost in revenue, mounting expenses tied to its grocery division pushed losses higher. Revenue Growth Doesn’t Offset High Costs For the April–June period, Swiggy’s operating revenue climbed 54% […]