New Delhi, Nov. 27 -- A year after launch, Bolt is emerging as Swiggy's fastest-scaling bet. The 10-15 minute food delivery service has expanded to 700 cities-up from 500 in May-with 20% of restaurants listed on Swiggy now registered on Bolt as consumers warm up to 10-12 minute delivery for their coffee and samosa.
Bolt contributes over 10% to the overall orders for the food-delivery platform, with the share expected to further rise as availability improves, Rohit Kapoor, cheif executive officer of Swiggy Food Marketplace told Mint in an interview.
While the company did not give growth projections for Bolt, Kapoor maintained an 18-20% growth guidance for the overall food delivery business.
"When consumers realize they can get a coffee ...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.