Swiggy caps foreign ownership at 49.5% to unlock Instamart inventory model
Swiggy’s board has set a 49.5% foreign ownership cap to pursue Indian-owned and controlled company status, potentially allowing Instamart to directly own and sell inventory. The shift could strengthen supply-chain control and improve quick-commerce margins.
Swiggy’s board capped foreign ownership at 49.5% to seek Indian owned and controlled company status, enabling direct inventory ownership and sales through Instamart. The move is expected to improve quick-commerce margins and strengthen supply-chain control.
Why this matters
The move follows Swiggy’s recent effort to seek a foreign ownership cap for Instamart’s inventory-led shift and advances its proposal to cap ownership at 49.5%, which previously coincided with a share-price decline despite UBS maintaining a Buy call.
Retail-company is accelerating, up 1,076,300% QoQ.