Swiggy: Swiggy launches new service Bolt to deliver food in 10-15 minutes

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Public markets-bound Swiggy has rolled out a 10-minute food delivery service Bolt, the company said

Under Bolt, Swiggy is offering deliveries of a limited set of items from select restaurants that will be delivered within 10 to 15 minutes.

“Ten years ago, Swiggy revolutionised food delivery by cutting average wait times to 30 minutes. Now, we’re reducing that wait even further for frequently ordered items like coffee, burgers, ice cream, and biryani, partnering with trusted restaurants to deliver the best food in just 10 minutes,” Rohit Kapoor, CEO, Swiggy Food Marketplace, said in a statement.

In Bengaluru, restaurants such as Wendy’s Burgers, Meghana Foods, Cure Foods’ Sharief Bhai, and Glen’s Bakehouse were seen on the Bolt service. Kapoor said the service is being rolled out in key markets such as Bengaluru, Hyderabad, Mumbai, Chennai, Delhi, and Pune.

Customers can choose from a mix of well-known brands like KFC, McDonald’s, Burger King, Baskin Robbins, Starbucks, Chaayos, and EatFit, alongside local favourites like Karachi Bakery and G Pulla Reddy Sweets in Hyderabad, MM Mithaiwala in Mumbai, Bhartiya Jalpan and Anand Sweets in Bangalore, Sethi Ice-cream in Delhi, and Irani Cafe in Pune, among many others,” the company said in a statement.


Swiggy’s chief rival in the food delivery space, Zomato, had experimented with 10-minute delivery of food in Gurgaon back in 2022, but shut the pilot programme and instead launched Zomato Everyday.

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Zomato Everyday delivers meals prepared by home cooks from centralised kitchens in relatively shorter timelines.Nexus Venture Partners-backed quick commerce platform Zepto also operates a 10-minute food delivery service called Zepto Cafe, through which it delivers food and beverages from its dark stores or micro warehouses.

Zepto Cafe delivers items such as coffee, sandwiches, and even pre-cooked meals that are heated up and delivered in shorter durations.

Bengaluru-based Swiggy, which is set to launch its initial public offering (IPO) soon, had reported gross order value (GOV) of Rs 6,808 crore in the quarter ended June 2024, compared to Rs 5,959 crore in the same period last year.

The company had 14.03 million monthly transacting customers in the April-June period.



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