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Swiggy’s net losses ballooned in the April-June quarter despite a rise in revenue. This and more in today’s ETtech Top 5.
Also in the letter:
■ Zetwerk founders up stake
■ Microsoft, Meta ride the AI wave
■ Sops for chip designers
Swiggy’s loss doubles to Rs 1,197 crore, revenue jumps
Swiggy founder Sriharsha Majety
Swiggy’s losses deepened in Q1FY26, even as the company posted a solid revenue growth.
Driving the news: The food delivery and quick commerce player reported a net loss of Rs 1,197 crore, nearly double compared to the same time…
