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Swiggy CEO Sriharsha Majety says the quick commerce company will avoid India's spending war, as Amazon and Flipkart shrink delivery times and expand discounts

Swiggy Ltd., one of India's top quick commerce firms, plans to restrain spending and focus on profitability while deeper-pocketed rivals Flipkart

Bloomberg

Discussion

  • @ettech @ettech on x
    🛒🛒 Swiggy cofounder and group CEO Sriharsha Majety is confident that the recent surprise defeat of a shareholder resolution on a corporate recast at the food delivery and qcomm platform will be reversed soon, downplaying concerns over the governance implications of the proposal