Back

Vaibhav Babruwan Shingde

StudentĀ ā€¢Ā 1m

š—¦š˜„š—¶š—“š—“š˜†'š˜€ š— š—®š—暝—øš—²š˜ š—–š—®š—½ š—œš˜€ š—–š—暝—®š˜€š—µš—¶š—»š—“ ! ā€¢ Swiggyā€™s valuation has fallen below its pre-IPO valuation of $11.3 billion. The current share price is trading at ā‚¹340, resulting in a market cap of approx. $9.4 billion. The peak share price of Swiggy was ā‚¹617. ā€¢ The main reason behind the decline in market capitalization is the financial results of Q3 FY25. Losses increased by 39% to ā‚¹799 crores, and expenses increased by 32%, reaching ā‚¹4,898 crores. ā€¢ A significant portion of these expenses is due to the increase in the number of dark stores for Swiggy Instamartā€™s expansion. The company added 96 new dark stores to compete with Blinkit, Zepto, and Flipkartā€™s ā€˜Minutesā€™. ā€¢ As Swiggy's Competitor , Zomato reported 5405 crores in revenue with profit of 59 Crores.

3 replies15 likes
Replies (3)

More like this

Recommendations from Medial

Image Description
Image Description

Vaibhav Babruwan Shingde

StudentĀ ā€¢Ā 3m

Quick Commerce: Investment Highlights ā€¢ Swiggy is planning to invest ā‚¹1,600 crores in its subsidiary Scootsy. This funding helps Scootsy enhance operational capabilities and expand dark stores. ā€¢ Similarly, Zomato plans to raise $1 billion through

See More
8 replies13 likes
1
Image Description
Image Description

Vaibhav Babruwan Shingde

StudentĀ ā€¢Ā 4m

Swiggy IPO: Is It Worth It? ā€¢ Swiggy 's IPO will open between November 6th and November 8th, aiming to raise 11700 crores at a valuation of $11.3 billion. ā€¢ The share price is between 371 and 390 rupees per share. The offering includes fresh issue

See More
2 replies5 likes

deepak s

Truth seekerĀ ā€¢Ā 7m

Good evening fellow surfers, considering our Q commerce space what is your opinion on building an adjacent network of mini dark stores operated by households who are motivated to earn by dedicating a fixed space in their residence and time to store,

See More
0 replies6 likes
Image Description

Rohan Saha

FOUNDER - BURN INVES...Ā ā€¢Ā 4m

Swiggy is chasing a valuation of 12.7 billion USD šŸ¤ÆšŸ¤Æ

1 replies5 likes
Image Description

Inactive

AprameyaAIĀ ā€¢Ā 7m

Delhivery's Dark Store Revolution in Quick Commerce! How is India's logistics giant shaking up the quick commerce game? šŸ‘€ Here's the scoop on Delhivery's bold new strategy: ā†’ New Offering: Dark stores for quick commerce companies ā†’ Unique Approa

See More
1 replies8 likes
2
Image Description
Image Description

Praneeth

NewbieĀ ā€¢Ā 1m

hey why do you think the quick commerce are relaying on dark stores rather than using the kirana stores as a stock and product management

2 replies6 likes
Anonymous
Image Description
Image Description

2 Crores people's are watching live big boss on jio cinema Let's calculate the revenue subscription price is 30 rupees live watching 2 crores people's daily on jio cinema Total Estimated Earnings: Subscription Revenue: ā‚¹60 crores Advertisin

See More
3 replies5 likes
Image Description

Vivek kumar

On medialĀ ā€¢Ā 1m

Quick commerce is passe, dark stores are going to be history. Welcome KiranaPro, the new-gen shopping giant-in-the-making that will ride on over 13 million kirana (small retail outlets) stores spread across the length and breadth of India.

1 replies13 likes
1
Image Description
Image Description

HigherLevelGames

Learning | EarningĀ ā€¢Ā 10m

Game Changing Growths of India [ PART 1 ] In 2014, an e-commerce website called Bundl was rebranded as "SWIGGY" to enter the food delivery market and in August 2014. In 2015, Swiggy recieved $2 million investment from Accel and SAIF Partners with a

See More
5 replies11 likes
2

The last guy

Let's make moneyĀ ā€¢Ā 11d

10%Equity on a jewellery Buisness by investing few grands of $ which has a valuation in crores. DM me to invest .

0 replies3 likes

Download the medial app to read full posts, comements and news.