Swiggy Dips Below 50% Foreign Ownership, Opening Path to IOCC Status and Instamart Expansion

Foreign stake falling to 49.76% theoretically unlocks multi-brand retail FDI rules for Instamart, but formal DPIIT/RBI reclassification and control-test hurdles mean any supply-chain or margin benefit is medium-term at best.

ndtv-profit-business · 7/8/2026, 2:32:38 AM · Ask about this →