Backstage with Millionaires
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https://bit.ly/finanjo 📲 Download Finanjo to get a personal loan upto 15 lakh Rs, starting at just 13.99% per annum. 00:00 Intro 01:07 Swiggy's Struggle with profits 06:26 Quick News items 09:18 Funding News Swiggy’s stock crashed 16% in a single day, wiping out nearly ₹9,000 crore in market cap. Since its November 2024 IPO, it has lost more than half its value. The trigger was a Q2 FY27 result in which revenue grew 36% to ₹7,571 crore, but the company still lost ₹922 crore in three months. In this week’s Indian startups news show on Backstage with Millionaires, we break down why Swiggy
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