Thursday, 25 September, 2025
Swiggy Restructures Instamart; Smaller UPI Players Gain Market Share
Swiggy is restructuring its Instamart business by transferring all assets to a new subsidiary, Swiggy Instamart Pvt Ltd, signaling a potential shift towards an inventory-led model. This move aims to enhance operational flexibility and may facilitate future capital raises. Meanwhile, smaller UPI players like Navi, Super.Money, and Bhim have seen their payment volumes surge by 50% to 100% over the past six months.
Read full story at Economic Times