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Swiggy , India ’s top food for thought delivery startup , said Friday it has started to present meal in 10 minutes across part of major cities , escalate the immediate - commerce race in the world ’s second - largest internet market place .
The Bengaluru - headquartered inauguration , which istargeting to go public in about a month , state it has partner with more than 2,700 restaurants , include global chains KFC , McDonald ’s , and Starbucks , to deliver meals to customers within 10 minutes .
The help , called Bolt , pore on warm - to - organise items and go within a 2 - kilometer wheel spoke of customer . Swiggy ’s head of food delivery , Rohit Kapoor , articulate the help aims to reduce wait times for frequently ordered items like coffee , burgers , and biryani .
“ Ten years ago , Swiggy revolutionized food for thought delivery by cutting average postponement time to 30 transactions . Now we ’re reducing that look even further for ofttimes ordered item , ” he say in a statement .
Bolt is alive in cardinal locations across Bengaluru , Chennai , Hyderabad , New Delhi , Mumbai , and Pune , said Swiggy , which competes with publicly name Zomato .
The launch intensifies rivalry in India’sfast - develop quick - mercantilism market , which has grown by more than 100 % in a year . Zomato ’s Blinkit , Instamart ( Swiggy ’s warm - commerce offering ) , StepStone - backed Zepto , and Tata - have BigBasket are changing the way jillion of Indians shop , civilize consumer to ask insistent gratification for an ever - expanding range of mathematical product .
Some analyst say that speedy - mercantilism players are beginning toeat away business from vitamin E - commerce giants . Flipkartrecently launched its own quick - commerce offer .
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Swiggy , which have to zillion of customer monthly across 600 cities , say its delivery partners would not present penalty or receive incentives based on the timing of Bolt orders , as they are n’t being informed of the distinction between Bolt and regular ordination .