Swiggy to invest $700 million in instant grocery delivery service
WEBDec 2, 2021 · Swiggy, India's top food-delivery startup, will expand its express grocery delivery service Instamart to 18 cities and reach a GMV run rate of $1 billion by January 2022. The announcement comes...
Swiggy Instamart expands operations to 43 Indian cities
WEBSep 10, 2024 · Swiggy Instamart, a quick commerce platform by food delivery giant Swiggy, has launched its services in 11 new cities in the last two months. The company plans to increase its dark store network...
Swiggy Instamart: Quick commerce can be ... - The Economic Times
WEBAug 25, 2022 · Swiggy Instamart, a quick commerce grocery service, has grown by 16 times in order volume in the last year and expanded to over 25 cities. It aims to be sustainable with right order value, density of stores and monetisation through ads, and is piloting new categories like cafe and gifting.
Swiggy Instamart launches in 11 new cities, says expansion in …
WEBSep 11, 2024 · Swiggy Instamart is expanding its quick commerce services to 43 cities across India, including new locations like Rajkot, Thrissur, and Mangalore. The platform promises delivery of daily...
Explained: Swiggy’s $700 million investment in ... - The Indian Express
WEBDec 3, 2021 · Food-tech platform Swiggy announced it will make a $700 million investment into its quick-commerce vertical Instamart. This announcement has come at a time when the segment is witnessing a flurry of new entrants and investments by existing companies.
Amazon to buy Swiggy Instamart? What we know so far
WEBJul 22, 2024 · Amazon India is in discussions with Swiggy about acquiring a stake in its quick commerce business, Instamart, ahead of Swiggy's IPO. The deal faces hurdles, including valuation and strategic fit. Swiggy continues to offload secondary stakes to reduce Prosus' shareholding.
Amazon in talks with Swiggy to buy Instamart? ‘Swooped in with …
WEBAmazon is interested in Instamart as the US retailer has been working on its own quick commerce initiative for months, the report claimed. Earlier it was reported that Flipkart had explored a...
India's Swiggy to invest $700 mln in grocery delivery service Instamart
WEBBENGALURU, Dec 2 (Reuters) - SoftBank-backed (9984.T) Indian food delivery startup Swiggy said on Thursday it would invest $700 million in its grocery delivery service Instamart, to strengthen...
Swiggy to invest $700 million in Instamart, as it enters 15-minutes ...
WEBDec 2, 2021 · Foodtech major Swiggy will invest $700 million in its quick grocery delivery service Instamart, as it extends its dark store network to make deliveries in 15 minutes, by January.
Swiggy Instamart will now deliver from 35+ categories ... - Swiggy …
WEBApr 18, 2024 · Swiggy Instamart, a quick commerce platform, will now deliver from 35+ categories, including electronics, sports goods, clothing, etc., in minutes. This is possible due to the integration with Swiggy Mall, an online retail service, which offers a wider and deeper selection of products.
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