India’s startup ecosystem witnessed another action-packed week marked by major funding rounds, shifting business dynamics, and key strategic moves by some of the country’s leading tech players. From Swiggy’s mixed second-quarter performance to PhonePe’s massive $600 Mn boost from General Atlantic, and several emerging sectoral trends, here’s a detailed roundup of what shaped India’s startup and tech scene this week.
Swiggy’s Q2 Balancing Act: Growth Meets Cost Pressure
Food delivery giant Swiggy is facing what many analysts are calling a “Q2 conundrum.” The company, which has been preparing for a much-anticipated IPO in 2025, reported steady order growth in its core food delivery busines
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