Foodtech major Swiggy has expanded its 10-minute food delivery service Bolt to more than 500 cities across India, a day after its rival within three months of the launch.
Earlier operational in six top tier cities, Bolt has now been expanded into tier II and III cities.
“Launched in October 2024, Bolt has surged across metros as well as tier II and III towns, powered by a network of over 45,000 restaurant brands,” Swiggy said in a statement.
On bringing down the curtain on Quick, Eternal’s CEO Deepinder Goyal had said, “We did not see any incrementality in demand while we ran Quick as an experiment for a few months.”
Meanwhile, Swiggy claims that more than one order out of every 10 food delivery orders is received by Bolt. The platform has listed quick-serve, high-demand items that have minimal preparation time on Bolt within the delivery radius of 2 km.
“Seeing it scale to 500 plus cities in just a few months has been incredible. And this is just the beginning,” said Rohit Kapoor, CEO, Swiggy Food Marketplace.
Bolt features dishes such as burgers, hot and cold beverages, breakfast items and biryani that require minimum preparation time. It also has ready-to-pack dishes like ice cream, sweets and snacks.
Quick Service Restaurant (QSR) brands such as KFC, McDonald’s, Subway, Faasos, Burger King and Curefoods are available on Bolt.
The company in its statement said that Bolt is a consumer acquisition lever for Swiggy as the new users acquired through it shows 4-6% higher monthly retention than the average on the platform.
Swiggy Bolt was operational in
Besides Bolt, the foodtech giant in January also rolled out a separate app, SNACC, to deliver quick bites, beverages and meals in 15 minutes.
SNACC that was initially available at selective pin codes in Bengaluru is now also delivering in Noida and Gurugram.
Via SNACC app, Swiggy claims to deliver a wide range of products across food and beverages, including snacks, breakfast specials, tea, coffee cold beverages, dessert and fruit bowls, among others.
In a latest expansion of Swiggy’s services, last month.
Pyng is an AI-driven platform which connects users to verified service professionals including health and wellness experts, financial advisors, astrologers, travel and education experts, among others.
The development comes at a time when quick delivery has become a promising vertical for both foodtech and ecommerce players, new and emerging.
The quick food delivery space houses Zepto Cafe, Blinkit’s Bistro, Bengaluru-based startup Swish, Gurugram-based platform Zing and the latest ‘QuickiES app’ by Rebel Foods.
While the quick commerce platforms are unveiling new services every quarter, the apps interface still requires improvements.
The Delhi High Court last month reportedly issued notices to Swiggy and another quick commerce giant Zepto over the unfriendly interface of their respective apps for visually-impaired users.
India’s quick commerce market is growing rapidly and projected to hit $40 Bn by 2030.
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