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Swiggy steps on the gas on 10-minute food delivery even as Zomato hits the brakes
YourStory
·
2m ago
Medial
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.
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Blinkit enters 10-minute food delivery space with Bistro app
Economic Times
·
7m ago
Medial
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.
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10-Minute Food Delivery: Why Swiggy Is Still Betting on Bolt While Zomato Walks Away
OutlookIndia
·
2m ago
Medial
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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Zepto Cafe crosses 50,000 orders per day within 4 weeks: Aadit Palicha
Economic Times
·
6m ago
Medial
Zepto's 10-minute food delivery app, Zepto Cafe, achieved over 50,000 daily orders within four weeks of its launch, marking a 60% month-on-month growth, according to CEO Aadit Palicha. Initially starting with 30,000 orders per day, Zepto Cafe's rapid growth suggests it is gaining strong traction in the quick commerce market. Competitors like Zomato-owned Blinkit and Swiggy have recently launched similar 10-minute food delivery services.
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Zomato’s 10-minute food delivery offering contributing 8% to platform’s volumes: CEO Deepinder Goyal
Economic Times
·
4m ago
Medial
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.
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New 10-minute food delivery startups are ready to test your impulse control
Livemint
·
7m ago
Medial
New 10-minute food delivery companies like Swish and Zing are emerging in India to cater to the growing demand for faster food deliveries. Swish recently raised $2 million in funding and plans to establish 150 delivery centers across Bengaluru. The success of established food delivery startups Swiggy and Zomato has inspired these new players to offer quick and convenient food delivery options. While 10-minute delivery may have its limitations in terms of food options and scalability, these companies see a significant market opportunity. The Indian food delivery market is expected to surpass ₹2 lakh crore by 2030, attracting more players to the space.
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Swiggy sees profitability a year away as fierce competition prompts infra investment
YourStory
·
7m ago
Medial
Swiggy, the Indian food delivery platform, is focusing on expanding its quick-commerce service, Swiggy Instamart. The company aims to double its dark store count by the end of FY25 and achieve positive adjusted EBITDA by late 2025. Swiggy is also seeing traction in its 10-minute food delivery feature, Bolt, which accounts for 5% of total food orders. Despite tough competition and increased marketing spends, Swiggy remains optimistic about its growth prospects and aims to achieve contribution margin break-even by the end of 2025.
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Swiggy shares rise 13% in biggest single-day surge since listing
Inshorts
·
2m ago
Medial
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.
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Swiggy’s standalone app Snacc: Here’s all you need to know about it
Economic Times
·
6m ago
Medial
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.
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BigBasket wants a slice of 10-min food delivery pie
YourStory
·
7m ago
Medial
BigBasket, backed by Tata, is planning to introduce a 10-minute food delivery service. The company aims to offer a variety of food items that can be delivered within 10 minutes, potentially combining house brands and private labels. This move is part of BigBasket's strategy to tap into the quick commerce market, which is gaining popularity. With the support of Tata's FnB chains like Starbucks and Qmin, BigBasket plans to launch the service in the next few months. Other players in the market, such as Swiggy, Zepto, and Zomato, have also entered the 10-minute food delivery space to cater to the growing demand for faster delivery.
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Swiggy Food CEO Rohit Kapoor sees Bolt as core future offering
Economic Times
·
2m ago
Medial
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.
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