Swiggy Instamart Losses Widen to ₹895 Crore in September Quarter

Swiggy’s quick-commerce platform Instamart reported a widening loss of ₹895 crore for the July-September quarter, despite a 34.8 percent jump in order value to ₹6,594 crore. In contrast, rival Blinkit posted a profit of ₹184 crore with more than triple the order value and a store network twice the size. To narrow this gap and boost profitability, Swiggy is shifting to an inventory-owning model and introducing private label brands.