Swiggy's Money Map: The Verticals Built Around Food Delivery Core
India, Sept. 18 -- When Swiggy entered India's online food delivery market back in 2014, it was the first one to solve the problem of getting a meal from a restaurant to a customer's doorstep. Zomato joined the race a year later in 2015.
But over the years, Swiggy has taken a path that has made its business increasingly different from simply being a food-delivery marketplace. It started with food delivery in 2014 and gradually expanded into groceries, dining, supply chain and a string of smaller experiments.
The company's food delivery business generated an operating revenue of Rs.2,208 Cr in the June quarter of FY27 with an operating profit of Rs.299 Cr in the quarter under review. However, overall, Swiggy recorded a loss of Rs.791 Cr ...
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