India, Dec. 3 -- Foodtech major Swiggy's quick commerce business saw its operating revenue surge 135.7% to INR 490 Cr in the quarter ended September 2024 (Q2 FY25) from INR 208 Cr in the year-ago period.

Sequentially, Swiggy Instamart's revenue grew 31% from INR 374 Cr.

Meanwhile, its adjusted revenue more than doubled to INR 513 Cr during the quarter under review from INR 240 Cr in Q2 FY24. On a QoQ basis, it grew 67.9% from INR 403 Cr.

In its shareholder letter, the company said that Instamart is rapidly growing its geographical footprint and is now available in 54 cities compared with 27 cities in March 2024.

Further, the company is aiming to double its store count by March 2025 from 523 stores in March 2024.

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