OCTOBER 10, 2024

Swiggy launches 'Bolt': 10-min food delivery service 

Swiggy recently launched "Bolt," a lightning-fast service delivering meals in just 10-15 minutes.

With Bolt, Swiggy taps into advanced technology and hyperlocal kitchens to speed up food deliveries like never before.

It aims to serve time-sensitive orders, catering especially to busy professionals and last-minute cravings.

The service is being rolled out in Bengaluru, Hyderabad, Mumbai, Chennai, Delhi & Pune, with plans to expand based on demand.

Swiggy is gearing up for its IPO. It will raise ₹11,664 crore, with a fresh issue of ₹5,000 crore and an offer for sale of ₹6,664 crore.

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