Swiggy sees its quick commerce business overtaking food delivery ops

Swiggy sees its quick commerce business overtaking food delivery ops

FILE PHOTO: A gig worker picks up groceries for an order from a Swiggy's grocery warehouse at a market area in New Delhi, India, May 6, 2024. REUTERS/Priyanshu Singh/File Photo

India’s IPO-bound Swiggy said on Wednesday that it is opening bigger warehouses and reducing delivery times as it bets that its quick commerce business, where groceries are delivered in 10 minutes, will overtake its main food delivery operations.