Swiggy Adds B2B Brick In Food Delivery Wall

Riding high at INR 617 just three months ago, the Swiggy stock has nosedived 43% from peak levels, wiping out a staggering INR 60,000 Cr in market cap in the last quarter of FY25.

If that wasn’t enough, the stock is over 10% below its issue price of INR 390. But there’s also optimism in the air, especially as we enter FY26 and Swiggy prepares an arsenal of new businesses to scale up.

After lukewarm financial performance in Q3 FY25 (December), things have been downhill for Swiggy, which this week entered the B2B supply space with…