Quick commerce will continue to attract capital, competition: Swiggy group CEO Sriharsha Majety - The Economic Times

Swiggy's Instamart aims for profitability by enhancing its product offering and customer experience. The quick commerce sector will remain competitive and well-funded, attracting significant capital. Instamart is shifting focus from new dark stores to optimizing existing assets for better utilization. Contribution margins improved due to higher average order values and better infrastructure. The company seeks to become a destination for everyday upgrades and essentials.

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