Swiggy Invests ₹1,000 Crore in Scootsy Logistics for Faster Deliveries 🚚💸
Swiggy is set to invest ₹1,000 crore (~$117M) in Scootsy Logistics to expand operations and improve delivery speed. Approved on Feb 21, 2025, through a rights issue, shares
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Anonymous 1
Stealth • 16h
Logistics is a money-burning business. Unless they optimize costs, this could be another deep-pocket-funded experiment that only works until investors run out of patience.
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