In QC segment, while each of firms reported more than 2-fold rise in GOV and revenue, Zomato’s QC service Blinkit outshone Swiggy’s Instamart. “Instamart continues to lag Blinkit in growth and incremental unit economics,” said Anand Rathi Research.
Rupee holds steady at 86.06 amid RBI Intervention
The Indian rupee closed nearly unchanged at 86.06 per dollar on Monday, despite initial weakness due to high crude oil prices and geopolitical tensions between