Swiggy to transition to Indian-owned entity starting Q3FY27, eyes 80 bps Instamart margin boost

T1Covered by 1 source · first reported by Economic Times — Tech / Technology / Startups / ETTelecom at 22 Oct, 13:27 UTC

The transition is likely to improve its quick commerce arm Instamart’s contribution margin by around 80 basis points once fully implemented. It will also give the Bengaluru-based company better control over assortment, pricing, product availability, and day-to-day operations.

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Sources

• T1Swiggy to transition to Indian-owned entity starting Q3FY27, eyes 80 bps Instamart margin boostEconomic Times — Tech / Technology / Startups / ETTelecom22 Oct, 13:27