Swiggy CEO sees continued capital inflows and competition in quick commerce
Swiggy Group CEO Sriharsha Majety says India’s quick-commerce market will keep drawing capital and intensifying rivalry, signalling a sustained battle among rapid-delivery platforms.
Swiggy Group CEO Sriharsha Majety said India’s quick-commerce sector will continue to attract capital and intensify competition, signalling sustained investment and rivalry among rapid-delivery operators.
Why this matters
Majety’s comments follow Swiggy’s proposals to cap foreign ownership at 49.5% to enable Instamart inventory ownership, showing the company is positioning for an increasingly capital-intensive quick-commerce market.
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