Swiggy CEO Sriharsha Majety reports that the company’s meal delivery service is now profitable.

Swiggy, a food delivery service, revealed on Thursday that as of March 2023, it will be profitable.

“The height of our investments is behind us, and Instamart is now among the top companies operating globally in the rapid commerce sector.

Platforms to achieve profitability in less than 9 years since its inception.