Swiggy Seeks Shareholder Nod To Become IOCC, Paving Way For Instamart's Inventory Model Pivot
Swiggy's e-voting (Apr 21-May 20) on Indian-Owned and Controlled Company status would unlock Instamart's shift from marketplace to inventory-led model, mirroring Blinkit's playbook that drove Eternal's Q4 FY26 revenue to ₹17,292 Cr (3X YoY). Instamart's Q4 revenue hit ₹1,090 Cr (+48.7%) but EBITDA loss widened to ₹858 Cr.
Swiggy's e-voting (Apr 21-May 20) on Indian-Owned and Controlled Company status would unlock Instamart's shift from marketplace to inventory-led model, mirrorin
Inc42 · 5/13/2026, 10:48:25 PM · Ask about this →