Swiggy's Q1 losses double to Rs 1,197 crore, revenue rises 54%

For the April-June period, Swiggy's net loss doubled year-on-year to Rs 1,197 crore, while it spent Rs 1,053 crore of cash on a net basis, after accounting for operating, investing, and financing activities. The Bengaluru-based company's operating revenue for the quarter increased 54% to Rs 4,961 crore.

from Tech-Economic Times
via IFTTT