Swiggy’s Loss Balloons to ₹1,197 Crore in Q1 FY26 as Revenue Jumps 54%
BENGALURU — India’s food delivery giant Swiggy reported a net loss of ₹1,197 crore for Q1 of FY26, a steep 96% rise year-on-year, as the company continues to pour money into expanding its quick commerce vertical, even as revenues surged.
The widening loss underscores the tug-of-war between aggressive growth and…
Swiggy Names Saurav Goyal as Head of Driver & Delivery — What This Means for Your Orders
Swiggy, the Bengaluru-based food delivery giant and fierce competitor to Zomato, has just announced a major leadership change. Saurav Goyal, a key player behind Swiggy’s financial success, is stepping into a new role as Head of its Driver and Delivery Organization.
This move signals Swiggy’s strong focus…
