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𝗦𝘄𝗶𝗴𝗴𝘆'𝘀 𝗠𝗮𝗿𝗸𝗲𝘁 𝗖𝗮𝗽 𝗜𝘀 𝗖𝗿𝗮𝘀𝗵𝗶𝗻𝗴 ! • Swiggy’s valuation has fallen below its pre-IPO valuation of $11.3 billion. The current share price is trading at ₹340, resulting in a market cap of approx. $9.4 billion. The peak share p

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Priyansh Khimani

AI Automation | Grow... • 5d

Swiggy’s valuation drop and rising losses highlight the intense competition in the quick commerce space. While their aggressive expansion of dark stores aims to take on Blinkit and Zepto, is the high burn rate sustainable in the long run? Meanwhile, Zomato remains profitable (though modestly) while Swiggy struggles. Will Swiggy’s strategy pay off, or is it a risky bet in an already crowded market? What do you think?

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