Indian food and grocery delivery firm Swiggy said on Friday it will invest up to 10 billion rupees ($115.47 million) in ...
(Reuters) -Indian food and grocery delivery firm Swiggy said on Friday it will invest up to 10 billion rupees ($115.47 ...
Delivery giant Swiggy will invest up to Rs 1,000 crore in its subsidiary, Scootsy Logistics, to enhance its supply chain and distribution capabilities. The capital will be used for working capital and ...
supply chain cost reductions that Swiggy needs to deliver,” the note stated. The Citi report corroborates previous analyst estimates which suggested that Zepto had overtaken Swiggy Instamart.
The investment by the food delivery and quick commerce firm will be made for working capital and capex by the supply chain ...