Before joining Swiggy Instamart, Amitesh Jha was with Flipkart, where he was instrumental in making Flipkart and ecommerce mainstream in India
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As the situation develops, no official statements have been issued by Amazon or Swiggy regarding the potential deal
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Initially implemented in Bengaluru and Delhi, this fee is separate from delivery charges, GST, restaurant fees, and other associated expenses, as per media reports
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Despite these secondary transactions occurring at a discount, financial experts remain optimistic that Swiggy will debut with a market capitalisation between USD 10-13 billion (around Rs 83,480 crore to Rs 1,08,525 crore)
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Felicity was founded in 2023 by ex-Swiggy executive Anurag Choudhary with an aim to become India’s leading mobile game publisher
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