With focus on efficiency, start-ups scale back ops in major reversal

Many quick commerce firms have scaled back their dark stores (warehouses) in the past few months

As major global companies like Meta, Amazon, Google, and Microsoft, among others, undergo organisational restructuring and scale down their businesses to focus on core offerings, a similar trend is at play in the Indian start-up ecosystem.

Many large Indian firms have, over the past few months, also scaled down their operations or discontinued their business verticals altogether amid a funding crunch.

Faced with losses, online restaurant aggregator Swiggy closed its Cloud kitchen brand, The Bowl Company, in Delhi-National Capital Region (NCR) recently.

Earlier in May, the aggregator had also suspended operations of Supr Daily – its subscription-based grocery delivery service