Did Swiggy Hive Off Instamart To Help In Inventory Pivot, Fund Raise?

Swiggy exits investments in Rapido in a predictable move since mobility startup ventured into food delivery space with Ownly

Food delivery giant’s move to spin off quick commerce arm Instamart hints at efforts to sharpen strategic focus and ensure operational flexibility

Instamart is likely to go for raising funds from domestic investors as it weighs a shift to the inventory-led model from the marketplace structure

Swiggy’s double move to hive off its quick commerce vertical Instamart into a step-down…