Swiggy, a foodtech and rapid commerce decacorn, plans to go public this year and is going to great lengths to show a strong financial picture. In the current fiscal year (FY24), the corporation appears to be growing at a consistent rate of 25-30% per year. Swiggy's income from operations in the first nine months of FY24 was Rs 5,476 crore, according to a document prepared on its behalf by an investment banker. While the firm recorded Rs 8,265 crore in sales in FY23, the document revealed it collected Rs 6,623 crore in the previous fiscal year, indicating Swiggy modified its revenue recognition mechanism.