We are almost there ...
Singed investors, inflationary pressures and poor growth prospects put paid to hopes of startups tapping public markets for funds.
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As food delivery plateaus and Instamart bleeds cash, Swiggy is banking on its 10-minute service to revive growth and rewrite its economics.
They were the app’s flagship feature until the RBI shut down new deposits into Paytm wallets a year and a half ago.
The decade-old company is reportedly planning to venture into food delivery and fintech. Its no-commission model might just come in handy for its expansion plans.