Swiggy recorded a loss of $500 million (about ₹4,180 crore) in FY23, Reuters reported citing internal documents of the food delivery startup. The SoftBank-backed startup, which could list by 2024-end, recorded loss of $207 million (about ₹1,730 crore) in the April-December 2023 period. Swiggy's revenue in first nine months of FY23 stood at $1.02 billion (about ₹8,501 crore).