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Payment services provider records 20% revenue growth, reduced operating losses to lift Dutch investor’s half-year performance.


A string of deals and bets signal the ride-hailing company’s ambition to dominate delivery, but questions and challenges remain.
Investors eager to ride India’s quick-commerce boom are already losing confidence in Swiggy. A Rs 7,300* crore war chest and little urgency, its restraint is starting to hurt.
Shared rides seemed tailor-made for India’s congested cities. Yet, economics, trust and regulation kept the idea from scaling.