'Desi' Swiggy bets on Instamart model shift, mirroring main rival Blinkit
Swiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This change allows Instamart to potentially improve margins and gain greater control. The quick-commerce unit aims to catch up with market leader Blinkit in this competitive sector. This shift requires higher working capital for inventory purchases and…
The Economic Times ·
The Economic Times
