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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

Anonymous 1

Hey I am on Medial • 1m

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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