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Quick commerce giant Swiggy Instamart reported a 101% year-on-year (YoY) growth in its gross order value (GoV) to reach Rs 4,670 crore in the January-March quarter of the financial year 2025, on Friday. Swiggy Instamart added 316 new dark stores, which is more than the total additions in the last eight quarters, in this quarter alone. It also expanded its presence to 124 cities. The app’s average order value increased by 13% YoY to Rs 527 in the fourth quarter of FY2025.“Quick commerce is in a phase of rapid expansion and heightened competitive…
