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10-Minute Food Delivery: Why Swiggy Is Still Betting on Bolt While Zomato Walks Away

OutlookIndia

OutlookIndia · 3m ago

10-Minute Food Delivery: Why Swiggy Is Still Betting on Bolt While Zomato Walks Away

Swiggy and Zomato have diverged in their approach to 10-minute food delivery services. Swiggy continues to invest in its Bolt service, which contributes 12% to its food delivery volumes, seeing it as a growth opportunity. In contrast, Zomato has exited the segment due to profitability challenges. While Swiggy aims to enhance market share through Bolt, industry experts question the long-term viability and profitability of such quick delivery models.

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Swiggy's shares closed 12.61% high at ₹343.85 on Monday, marking the biggest single-day rise since its IPO. The e-commerce platform's stock is still down 36% so far in 2025 despite the surge. Swiggy had earlier announced the expansion of its quick food delivery service 'Bolt' to over 500 cities after Zomato had shut down its 10-minute food delivery service.

Swiggy’s standalone app Snacc: Here’s all you need to know about it

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Economic Times · 7m ago

Swiggy’s standalone app Snacc: Here’s all you need to know about it

Swiggy launched a standalone app, Snacc, for 10-minute food delivery, expanding its quick commerce offerings alongside Bolt. Competitors like Zomato, Blinkit, and Zepto are also active in this rapid delivery space. Snacc focuses on delivering fast food and drinks from nearby locations, while Bolt delivers from restaurants. The market is seeing growth, with Swiggy's Bolt contributing to 5% of overall delivery volumes, though concerns about profitability and sustainability persist.

Swiggy steps on the gas on 10-minute food delivery even as Zomato hits the brakes

YourStory

YourStory · 3m ago

Swiggy steps on the gas on 10-minute food delivery even as Zomato hits the brakes

Swiggy and Zomato, major food delivery services, are adopting different approaches to quick delivery. Swiggy’s Bolt offers 10-minute deliveries in 500 cities, boosting user retention and orders. Conversely, Zomato has discontinued its Zomato Quick service due to infrastructure challenges and low demand. Both platforms face sector-wide slowdowns, while burgeoning competitors like Zepto Cafe and startups Swish and Zing expand rapidly. Zomato plans to enhance delivery efficiency by reducing 30-minute delivery times.

Swiggy Food CEO Rohit Kapoor sees Bolt as core future offering

Economic Times

Economic Times · 3m ago

Swiggy Food CEO Rohit Kapoor sees Bolt as core future offering

Swiggy is leveraging its 10-minute food delivery service, Bolt, to boost growth and market share in its most lucrative vertical. Despite rival Zomato shutting down a similar service, Bolt is contributing 12% to Swiggy’s delivery volumes. Swiggy aims to drive both market growth and share, with new users showing higher retention rates. However, Swiggy's net loss widened due to expenditure on quick commerce, highlighting challenges in balancing user growth and profitability.

Zomato’s 10-minute food delivery offering contributing 8% to platform’s volumes: CEO Deepinder Goyal

Economic Times

Economic Times · 5m ago

Zomato’s 10-minute food delivery offering contributing 8% to platform’s volumes: CEO Deepinder Goyal

Zomato's "Quick" 10-minute food delivery service contributes about 8% to its platform's volumes. This service rivals Swiggy’s Bolt, contributing 9% to its volumes. Despite a general industry slowdown, Zomato's food delivery grew 17% year-on-year. Additionally, Zomato-owned Blinkit is testing its own 10-minute offering, Bistro. Zomato previously rebranded its 10-minute service as "Everyday," focusing on home-style meals. The rapid delivery segment remains key for Zomato, contributing significantly to its revenues.

Blinkit enters 10-minute food delivery space with Bistro app

Economic Times

Economic Times · 8m ago

Blinkit enters 10-minute food delivery space with Bistro app

Blinkit, owned by Zomato, has introduced a separate app called Bistro for 10-minute food delivery in Gurugram. The platform offers a range of snacks, meals, desserts, and beverages. The move follows the trend of quick commerce platforms expanding into ultra-fast food delivery. Zomato had initially experimented with 10-minute delivery but discontinued it. Competitors Swiggy and Zepto also offer similar services. While quick commerce is growing, food delivery still contributes the most to Zomato's revenue. Last month, Zomato raised funds to expand its quick commerce business.

Eternal vs Swiggy: diverging strategies, converging goals - BusinessToday

Business Today

Business Today · 3m ago

Eternal vs Swiggy: diverging strategies, converging goals - BusinessToday

Eternal, Zomato’s parent company, is financially outperforming Swiggy, recording its fourth profitable quarter with a ₹537 crore net profit in FY25. Meanwhile, Swiggy posted a ₹3,117 crore loss, still reliant on its core food delivery business as Instamart grows. Both companies are focusing on quick commerce, with Swiggy launching 'Bolt' for 10-minute deliveries, seeking to outpace rivals like Zepto and BigBasket while targeting profitability amidst intense competition.

Zepto to launch standalone app for 10-minute food delivery service

Economic Times

Economic Times · 8m ago

Zepto to launch standalone app for 10-minute food delivery service

Quick commerce platform Zepto is planning to launch a separate app for its 10-minute food delivery service, Zepto Cafe. The company is rapidly expanding its cafe business, with a goal of achieving an annual revenue run rate of Rs 1,000 crore. Zepto's rival, Swiggy, has also introduced a similar 10-minute food delivery service called Bolt. Additionally, another Bengaluru-based startup, Swish, offers speedy food delivery and operates cloud kitchens in specific areas. Zepto recently raised $350 million in funding and aims to provide fast and convenient food delivery services.

Zomato launches 15-minute food delivery offering

Economic Times

Economic Times · 7m ago

Zomato launches 15-minute food delivery offering

Zomato has introduced a 15-minute food delivery service in Gurgaon, aiming to provide rapid deliveries from nearby restaurants. This initiative parallels Swiggy's Bolt, which constitutes over 5% of its orders. Additionally, Zomato-backed Blinkit launched Bistro for rapid food deliveries from its dark stores. Zepto, supported by Nexus Venture Partners, also competes in this quick delivery space with its Cafe service, delivering within 10 minutes.

Zomato enters Zepto Cafe's realm with Blinkit-powered Bistro, offers 10-min delivery

YourStory

YourStory · 8m ago

Zomato enters Zepto Cafe's realm with Blinkit-powered Bistro, offers 10-min delivery

Zomato-owned Blinkit has launched Bistro, a quick commerce app for 10-minute food delivery in select areas of Delhi-NCR. Bistro offers a wider range of products compared to its competitor, Zepto Cafe. Unlike Swiggy's Bolt, Bistro does not partner with restaurants for its operations. The launch of Bistro follows Zepto Cafe's plan to spin off its cafe offering into a separate app due to its popularity. Swiggy's Bolt already accounts for 5% of the company's total orders within two months of launch. The 10-minute food delivery segment is attracting interest from newer players like Swish, who recently raised $2 million.

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