Why Instamart lagged behind peers and more: Q&A with Swiggy CEO Sriharsha Majety

Quick Summary:

Swiggy is looking to list on domestic bourses on November 13 after completing its anchor bids on November 5 and book-building by the end of the week.

Majety: In terms of our peers who have a lot more experience in grocery, while we are just 3 years old in grocery and therefore there is a lot of learning for us.

Bothra: We are looking to leapfrog in terms of both selection and availability; the gap in the average order value needs to be bridged.

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Author / Journalist: Akshita Toshniwal

Category: StartupsEconomyBusiness

Markets: India

Topics: Business Terms Mode Founder Quick Delivery Swiggy Minutes Majety: Commerce Been

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-04 @ 15:17:13 (16 hours ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 1117 words

Reading Time: 7 minutes read

Sentences: 61 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23400479

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About YourStory

Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 12 posts per day

Year Established: 2008

Headquarters: India

News Last Updated: 17 hours ago

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