Swiggy seeks shareholder nod to cap foreign ownership, paving way for Instamart inventory-led pivot
Swiggy is pushing to become an Indian-Owned and Controlled Company via e-voting (Apr 21–May 20), unlocking an inventory-led model for Instamart. The move mirrors Blinkit's post-IOCC pivot under Eternal, as Instamart's Q4 FY26 adjusted revenue hit ₹1,090 Cr (+48.7% YoY) against ₹858 Cr EBITDA loss.
Swiggy is pushing to become an Indian-Owned and Controlled Company via e-voting (Apr 21–May 20), unlocking an inventory-led model for Instamart. The move mirror
Inc42 · 5/14/2026, 2:37:53 AM · Ask about this →