How do you see food delivery and quick commerce (qcom) services evolving and having an impact on revenues?
Majety: A lot of the transformation plans that have been there are starting to show up. Our delivery speeds are at their fastest in multiple cities. Swiggy Instamart plans to double its dark store count by March 2025 (from 523 in March 2024). The active dark store area will grow over 2.5 times year-on-year to reach 4 million square feet by March 2025. It will also allow us to finish our transformation. We have operated as a grocery-first business for the first few years of our journey. But now we would see more assortment, which opens a new wave of selection.
This story is from the December 04, 2024 edition of Business Standard.
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This story is from the December 04, 2024 edition of Business Standard.
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