Back

Vaibhav Babruwan Shingde

Studentย โ€ขย 1m

๐—ฆ๐˜„๐—ถ๐—ด๐—ด๐˜†'๐˜€ ๐— ๐—ฎ๐—ฟ๐—ธ๐—ฒ๐˜ ๐—–๐—ฎ๐—ฝ ๐—œ๐˜€ ๐—–๐—ฟ๐—ฎ๐˜€๐—ต๐—ถ๐—ป๐—ด ! โ€ข Swiggyโ€™s valuation has fallen below its pre-IPO valuation of $11.3 billion. The current share price is trading at โ‚น340, resulting in a market cap of approx. $9.4 billion. The peak share price of Swiggy was โ‚น617. โ€ข The main reason behind the decline in market capitalization is the financial results of Q3 FY25. Losses increased by 39% to โ‚น799 crores, and expenses increased by 32%, reaching โ‚น4,898 crores. โ€ข A significant portion of these expenses is due to the increase in the number of dark stores for Swiggy Instamartโ€™s expansion. The company added 96 new dark stores to compete with Blinkit, Zepto, and Flipkartโ€™s โ€˜Minutesโ€™. โ€ข 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

Studentย โ€ขย 3m

Quick Commerce: Investment Highlights โ€ข Swiggy is planning to invest โ‚น1,600 crores in its subsidiary Scootsy. This funding helps Scootsy enhance operational capabilities and expand dark stores. โ€ข Similarly, Zomato plans to raise $1 billion through

See More
8 replies13 likes
1
Image Description
Image Description

Vaibhav Babruwan Shingde

Studentย โ€ขย 4m

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

See More
2 replies5 likes

deepak s

Truth seekerย โ€ขย 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

Risk hai to ishq haiย โ€ขย 5m

Swiggy is chasing a valuation of 12.7 billion USD ๐Ÿคฏ๐Ÿคฏ

1 replies5 likes
Image Description

Inactive

AprameyaAIย โ€ขย 7m

Delhivery's Dark Store Revolution in Quick Commerce! How is India's logistics giant shaking up the quick commerce game? ๐Ÿ‘€ Here's the scoop on Delhivery's bold new strategy: โ†’ New Offering: Dark stores for quick commerce companies โ†’ Unique Approa

See More
1 replies8 likes
2
Image Description
Image Description

Praneeth

Newbieย โ€ขย 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: โ‚น60 crores Advertisin

See More
3 replies5 likes
Image Description

Vivek kumar

On medialย โ€ขย 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 | Earningย โ€ขย 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 moneyย โ€ขย 16d

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.