Swiggy pivots Instamart to profitability over growth as Amazon, Zepto crowd the quick-commerce race

CEO Majety signals disciplined expansion for Instamart, leaning on private label Noice and differentiated assortment. Q4 revenue rose 53% to ₹1,057 cr but GOV slipped sequentially and loss widened to ₹736 cr. Contribution-margin breakeven targeted by Q1FY27 as Amazon Now scales to 100 cities and Zepto eyes IPO.

CEO Majety signals disciplined expansion for Instamart, leaning on private label Noice and differentiated assortment. Q4 revenue rose 53% to ₹1,057 cr but GOV s

Mint · Companies · 5/13/2026, 8:16:11 PM · Ask about this →

Swiggy Instamart + 99 Store + Amazon Now + Bold + Noice + Swiggy + Zepto +