31 Oct 2025 | 5 Mins Read
Swiggy boosts Instamart cash reserves amid widened Q2 losses
Flipitmoney
Swiggy reported a ₹1,092 crore net loss, a 74% increase from the year-ago period, despite operating revenue increasing 54.4% to ₹5,561 crore. The company plans to raise up to ₹10,000 crore through a QIP to strengthen its balance sheet and maintain flexibility in India's quick commerce market, amid rising competition from well-capitalised rivals like Eternal Ltd.