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Swiggy suspends hyperlocal delivery service Genie across multiple cities

Economic Times

Economic Times · 2m ago

Swiggy suspends hyperlocal delivery service Genie across multiple cities

Swiggy has temporarily suspended its Genie hyperlocal delivery service in several cities due to operational constraints, following the expansion of its 10-minute delivery service, Bolt. The service is unavailable in major cities like Bengaluru, Delhi-NCR, Mumbai, and Pune, with users being redirected to a 'temporarily unavailable' message. There is no official timeline for the service's return. This suspension comes as Bolt expands to 500 cities, increasing its presence significantly on Swiggy's platform.

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Related News

Ola launches all-electric parcel services in Bengaluru

Money Control

Money Control · 1y ago

Ola launches all-electric parcel services in Bengaluru

Ride-hailing company Ola has introduced its parcel delivery service, 'Ola Parcel', in Bengaluru using electric scooters. The service will charge Rs 25 for 5km, Rs 50 for 10km, Rs 75 for 15km, and Rs 100 for 20km. Ola plans to expand the service across India in the coming months. The intra-city parcel delivery market already has players like Porter, Swiggy Genie, Uber, and Dunzo. Ola's rival, Uber, also launched its parcel delivery service called 'Uber Connect' last year.

Zomato suspends hyperlocal goods delivery service Xtreme, restarts Intercity Legends: sources

Economic Times

Economic Times · 1y ago

Zomato suspends hyperlocal goods delivery service Xtreme, restarts Intercity Legends: sources

Indian food delivery platform Zomato has suspended its hyperlocal goods delivery service, Xtreme, due to low demand. Xtreme, launched in October 2021, aimed to provide small intracity deliveries for both small and large merchants. However, the service did not gain traction, leading to its suspension. Zomato has also relaunched its intercity food delivery offering, Legends, with a new model that allows customers to curate orders from different restaurants across the country. This comes after Zomato faced legal issues for delivering pre-stocked items instead of direct restaurant deliveries.

Swiggy’s 10-minute food delivery service Bolt expands to over 500 cities

Economic Times

Economic Times · 2m ago

Swiggy’s 10-minute food delivery service Bolt expands to over 500 cities

Swiggy's 10-minute food delivery service, Bolt, has expanded to over 500 cities in India within six months of its launch. Supported by a network of over 45,000 restaurant partners, the service has gained significant traction across metro, Tier II, and Tier III cities. Rohit Kapoor, CEO of Swiggy Food Marketplace, highlighted Bolt's alignment with modern consumer demands for quick, uncompromised food delivery. He called the rapid expansion to 500 cities an impressive beginning.

Swiggy rolls out Rs 99 meals in 175 cities for Gen Z and price-conscious users - The Economic Times

Economic Times

Economic Times · 17d ago

Swiggy rolls out Rs 99 meals in 175 cities for Gen Z and price-conscious users - The Economic Times

Swiggy has introduced a "99 store" offering meals at Rs 99 across 175 cities, targeting Gen Z and price-conscious users. This initiative features quick-prep dishes with free delivery using the 'eco saver' mode, which combines multiple orders to reduce trips. Swiggy aims to provide affordable meals without compromising quality. This launch coincides with Rapido entering the food delivery market, challenging the dominance of Swiggy and Zomato by offering competitive commission rates to restaurants.

Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleet

Economic Times

Economic Times · 1y ago

Zomato launches hyperlocal delivery service Xtreme to leverage 3-lakh strong delivery fleet

Zomato has launched Xtreme, a hyperlocal delivery service that utilizes its fleet of over 3 lakh executives. The service is available in almost all cities where Zomato operates and targets small and large merchants for delivering small packages within the city. Users can ship items weighing up to 10 kg, including documents, medicines, food, and apparel. Zomato is charging Rs 25 for the first kilometer of delivery, with additional charges for every additional kilometer. The move comes as Zomato aims to generate new revenue opportunities and compete with Dunzo, Swiggy, Uber, and Ola in the intracity logistics space.

Zomato pivots away from restaurant-led quick delivery, doubles down on Blinkit Bistro

Economic Times

Economic Times · 2m ago

Zomato pivots away from restaurant-led quick delivery, doubles down on Blinkit Bistro

Zomato's parent company, Eternal, is ending its quick food delivery service, consolidating it under Blinkit’s Bistro, focusing on in-house kitchens across major Indian cities. This move aims to improve control over food preparation timelines, a challenge faced with restaurant partnerships. Meanwhile, Swiggy is expanding its quick delivery service, Bolt, which relies on limited restaurant menus. Eternal’s decision reflects a focus on profitability amid growing competition and challenging market conditions for rapid delivery services.

Swiggy Launches 10-Minute Food Delivery Service Bolt

Inc42 · 9m ago

Swiggy Launches 10-Minute Food Delivery Service Bolt

- Swiggy Bolt is available in six cities: Bengaluru, Hyderabad, Mumbai, Chennai, Delhi, and Pune. - Swiggy plans to expand Swiggy Bolt's service to all cities in India. - CEO Rohit Kapoor expressed the company's intention to roll out Swiggy Bolt nationwide. - Swiggy recently introduced a new service called 'Cafe' in select areas of Bengaluru, providing fast delivery of snacks and beverages within 15 minutes. - Swiggy is reported to be preparing for an IPO in the near future.

Capital won't decide winners in quick commerce: Swiggy’s Sriharsha Majety

Livemint

Livemint · 8m ago

Capital won't decide winners in quick commerce: Swiggy’s Sriharsha Majety

In a recent interview, the CEO of food delivery platform Swiggy, Sriharsha Majety, emphasized that the success of quick commerce platforms relies on customer experience, rather than capital. Swiggy is preparing for its upcoming initial public offering (IPO), and plans to allocate a portion of the IPO proceeds to its quick commerce arm, Instamart. Swiggy's competitors, including Zomato and Zepto, have also been focusing on ramping up their hyperlocal e-commerce and grocery delivery services. Despite the rising competition, Swiggy believes there is enough room for multiple players in these categories.

Now, Swiggy Rolls Out Electric Fleet For Larger Orders In Gurugram

Inc42 · 9m ago

Now, Swiggy Rolls Out Electric Fleet For Larger Orders In Gurugram

- Swiggy launches Swiggy XL EV fleet in Gurugram on the day of Haryana elections - The service is a bulk order delivery option - Swiggy plans to expand the Swiggy XL EV fleet to new cities in the coming weeks - This launch follows the recent introduction of Swiggy Bolt, a service for delivering quick-to-prepare dishes in 10 minutes - The announcement showcases Swiggy's commitment to expanding its delivery services and catering to different customer needs

Swiggy tweaks service fee policy, non-metro restaurants to pay more in commision

Economic Times

Economic Times · 11m ago

Swiggy tweaks service fee policy, non-metro restaurants to pay more in commision

Food delivery platform Swiggy will now charge its service fee on the gross order value, including GST and packaging charges, for restaurants located outside of metro cities. Previously, this fee was only applied to the net value of orders in smaller cities, while larger cities were already charged on the gross value. This change will increase the commission paid by restaurant partners in non-metro areas and will impact around 1,000 restaurants. Swiggy aims to bring uniformity in commission structures across its platform. The company has recently filed for an IPO with SEBI.

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