Tag: Instamart

Swiggy to invest $700 mn in Instamart

Food delivery startup Swiggy to invest $700 million in its quick commerce business, Instamart, according to TNN report. “At our current growth trajectory, Instamart is set to reach an annualised GMV run rate of $1 billion in the next three quarters. With our food delivery business trending at a $3 billion annualised GMV run rate,…