Swiggy’s Gov Grew 5.5% Qoq But Contribution Margin Is Flat — What’s Holding It? | Rohit Kapoor #ETNOW
Swiggy’s Gov Grew 5.5% Qoq But Contribution Margin Is Flat — What’s Holding It? | Rohit Kapoor
Swiggy’s Gov Grew 5.5% Qoq But Contribution Margin Is Flat — What’s Holding It? | Rohit Kapoor
Swiggy CEO Rohit Kapoor joins to discuss the company’s strong quarterly performance, the rise of Instamart, and the ambitious plan to raise ₹10,000 crore for future expansion.
Swiggy’s food delivery GOV grew 18.8% YoY, and the company is on track to reach 5% EBITDA of GOV. Instamart continues to improve efficiency, with profit break-even expected by June next year. Rohit also talks about the booming Tier 2 and Tier 3 growth, balancing profitability with expansion, and the new Swiggy Bolt and Towing projects.
📊 Key Topics:
Swiggy’s GOV and margin performance
₹10,000 crore fundraise & future plans
Instamart profitability roadmap
Growth in Tier 2 & Tier 3 cities
Discounting, festive trends, and value-seeking customers
New innovations: Swiggy Bolt & Towing
Guest: Rohit Kapoor, CEO – Food Marketplace, Swiggy
#swiggy #rohitkapoor #quickcommerce #instamart #zomato #fooddelivery #indianeconomy
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