IPO-Bound Swiggy’s revenue surges to INR 8,264 Cr in FY23

Swiggy’s net loss crossed the INR 4,000 Cr mark in FY23. Swiggy incurred a net loss of INR 4,179.3 Cr in FY23, an increase of 15% from INR 3,628.9 Cr in the previous financial year. Swiggy’s operating revenue jumped over 40% to INR 8,264.4 Cr during the year under review.