Swiggy Profit | Swiggy’s online food delivery business is now profitable

File Photo Delhi: Chief Executive Officer (CEO) and co-founder of Swiggy, an online food delivery platform, has said that the company has now reached a profitable position. Sriharsha said on Thursday that Swiggy has joined the few global companies in its category to reach profitability in less than nine years. Milestone set on India journey Majeti wrote in his blog that Swiggy has huge growth potential over the next two decades and will continue to grow in the food delivery service segment. He wrote that our strong focus on innovation coupled with strong execution has set another milestone. Swiggy’s delivery business is set to turn profitable by March 2023. It is a milestone not only for us but for the entire world in the food delivery business as Swiggy has become one of the few global platforms to turn profitable in just nine years of existence, Majety said. (agency)

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