Swiggy’s losses double, layoffs to follow

• Swiggy’s losses for FY22 jump to Rs 3,629 crore, double the losses from FY21.
• Revenue for FY22 grew 2.2 times to Rs 5,705 crore, up from Rs 2,547 crore in FY21.
• Layoffs are expected to follow.

Join 2 million subscribers

A curated newsletter that summarizes the important news at the intersection of Global tech, India Tech and AI.

Delivered 8 AM. Daily.
nextbigwhat We would like to show you notifications for the latest news and updates.
Allow Notifications