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Instamart

Sriharsha Majety, co-founder, managing director and group chief executive officer of Swiggy

Sriharsha Majety’s Quick-Commerce Bet Has a Deadline: Better Economics Before More Scale

Instamart’s fourth-quarter order value rose nearly 69 per cent, but its adjusted EBITDA loss was ₹858 crore. Swiggy’s chief must now make unit economics, not store count, the proof of leadership.