Swiggy signals restraint in quick commerce as Instamart’s Q3 losses climb

Adjusted Ebitda losses of Instamart widened to ₹908 crore during the quarter compared to ₹578 crore in the year-ago period as it stepped up spending on marketing and customer-facing experiments such as Maxxsaver, and on a greater assortment of products.

Swiggy signals restraint in quick commerce as Instamart’s Q3 losses climb
Adjusted Ebitda losses of Instamart widened to ₹908 crore during the quarter compared to ₹578 crore in the year-ago period as it stepped up spending on marketing and customer-facing experiments such as Maxxsaver, and on a greater assortment of products.

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