Bengaluru-based rel=”dofollow” href=”https://economictimes.indiatimes.com/swiggy-ltd/stocks/companyid-2232501.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Swiggy is betting on its ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/10-minute-food-delivery” target=”_blank”>10-minute food delivery service Bolt to drive growth and market share for the vertical that contributes the most revenue and profitability to its overall financials.This comes at a time when its rival, rel=”dofollow” href=”https://economictimes.indiatimes.com/eternal-ltd/stocks/companyid-57948.cms” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank”>Zomato, has shut down its similar service Quick, while it doubles down on Bistro – the in-house rapid ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” href=”https://economictimes.indiatimes.com/topic/food-delivery” target=”_blank”>food delivery brand being built under Blinkit.
At its March quarter earnings briefing, ref=”dofollow” data-ga-onclick=”Inarticle articleshow link click#Tech#href” target=”_blank” href=”https://economictimes.indiatimes.com/tech/swiggy”>Swiggy said Bolt was contributing 12% to its overall food delivery volumes. Under the Bolt offering, Swiggy aggregates…
