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

Economic Times

Economic Times · 3m 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.

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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.

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.

Swiggy shares rise 13% in biggest single-day surge since listing

Inshorts · 3m ago

Swiggy shares rise 13% in biggest single-day surge since listing

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.

Bolt has the potential to reshape food delivery: Rohit Kapoor, CEO of Food Marketplace, Swiggy

YourStory

YourStory · 8m ago

Bolt has the potential to reshape food delivery: Rohit Kapoor, CEO of Food Marketplace, Swiggy

Swiggy's 10-minute food delivery service, Bolt, accounts for 5% of its total food delivery orders within two months of its launch. The service is currently available in 400 cities and offers a wide range of menu items that require minimal preparation time. Bolt is expected to account for 10% of all food delivery orders in the near future. Swiggy's core food delivery business reported its first profitable quarter, driven by newer offerings like Bolt, Eatlists, and PocketHero. The company has also managed to reduce costs by focusing on operational efficiencies and expanding in existing cities.

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.

Swiggy suspends hyperlocal delivery service Genie across multiple cities

Economic Times

Economic Times · 3m 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.

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.

Swiggy expands 10-minute food delivery service Bolt to over 400 cities

Economic Times

Economic Times · 9m ago

Swiggy expands 10-minute food delivery service Bolt to over 400 cities

Swiggy has expanded its quick food delivery service, Bolt, to over 400 cities. The service was initially launched in six major Indian cities in October. Swiggy's move comes at a time when startups are focusing on rapid food delivery. Competitors like Zepto and Swish have also been making strides in this space, with Zepto scaling up its Cafe business and Swish raising $2 million in funding to expand its presence in Bengaluru and other tier-I locations.

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.

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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