Swiggy, with a healthy cash balance of over ₹8,000 crore, has no immediate fundraising plans. Their food delivery business is profitable and generating cash, while the quick commerce segment is projected to achieve profitability within six to seven quarters. They aim to double their dark store footprint by March 2025 and increase average order value at a double-digit pace annually.
Oil disruption fears and war rhetoric keeping markets on edge: Santosh Rao
Global markets are on edge due to ongoing geopolitical tensions. Investors face uncertainty about equities and the global economy. Sharp market swings are occurring as