This is the second time, Invesco has increased the valuation of Swiggy. In October last year, it had increased the valuation of the food delivery company by 42 percent to $7.85 billion
With a projected 40% YoY revenue growth for the next few years, Zomato's profitability milestone in Q124 underscores its dominion in the food delivery market. But will it be able to maintain this momentum?
Online shopping is expected to reach more than Rs 30 crore by FY26, further paving the way for the reach of online payments in the country, as per a Redseer report