Tuesday, 31 March, 2026
Swiggy Focuses on Profitability Over High Volume Growth
By Isha
Swiggy founder Sriharsha Majety stated the company will pursue a long-term strategy focused on growth and profitability, rather than prioritizing order volume at any cost. Majety asserted they will not chase "volume growth at the cost of poor average order values (AOV) and weak contribution margins," emphasizing the need for sustained financial viability in the competitive food and grocery delivery sector.
Read full story at Economic Times