22-Oct-2026 16:19:10
SWIGGY Q2: INSTAMART'S PRIVATE BRAND NO!CE GAINS TRACTION; SWITCH PRODUCTS FEATURE IN 20%+ ORDERS
• Switch Growth: Differentiated products featured in over 20% of Instamart orders, spanning 60+ categories • Brand Partnerships: Collaborating with around 400 brands through Switch to offer differentiated products • No!ce Expansion: Clean-food private brand featured in more than 1 in 8 orders, with over 500 SKUs • Higher Retention: Customers purchasing No!ce showed 15 percentage points higher retention • Margin Improvement: No!ce products are margin-accretive, supporting better profitability through premium-quality offerings • Nectr Launch: Curated fruits and vegetables brand launched in Bengaluru during Q2 FY27 • Strong Adoption: By September 2026, 1 in 6 Bengaluru customers purchased Nectr products • Growth Strategy: Management prioritising differentiated assortment and customer retention over aggressive discounting
SWIGGY LIMITED