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SUMMARY
Swiggy exits investments in Rapido in a predictable move since mobility startup ventured into food delivery space with Ownly
Food delivery giant’s move to spin off quick commerce arm Instamart hints at efforts to sharpen strategic focus and ensure operational flexibility
Instamart is likely to go for raising funds from domestic investors as it weighs a shift to the inventory-led model from the marketplace structure
Swiggy’s double move to hive off its quick commerce vertical Instamart into a step-down…
