SUMMARY Swiggy’s board approved a proposal to transfer all of Instamart’s assets, liabilities, employees, permits, contracts and intellectual property to Swiggy Instamart Private Limited With this deal, Swiggy said that it aims to develop a focussed, efficient and strategically aligned corporate entity for its long-term development In Q1 FY26, Instamart’s revenues grew 2X YoY to [...]
Swiggy To Hive Off Instamart As A Separate Step-Down Subsidiary
