Tech
Swiggy rolls out DeskEats for office goers after losses widen in Q1
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Food and grocery delivery platform Swiggy has rolled out ‘DeskEats’ for working professionals in over 7,000 tech parks across 30 cities as it aims to tap into consumers seeking hassle-free food delivery during work hours.
This announcement comes a few days after the Bengaluru-based company reported its June quarter numbers, in which its losses doubled and cash burn increased.
Swiggy’s net loss doubled year-on-year (YoY) to Rs 1,197 crore, while it spent Rs 1,053 crore of cash on a net basis, after accounting for operating, investing, and…
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