Try GOLD - Free

Swiggy bets on new formats to fuel food delivery growth

Mint Ahmedabad

|

November 01, 2025

Co targets steady-state margin of 5% of gross order value, balancing growth and profitability

- Sowmya Ramasubramanian

Swiggy bets on new formats to fuel food delivery growth

Swiggy chief executive Rohit Kapoor said innovations such as Bolt, DeskEats, 99 Store, and NoSugarAdded are driving growth by targeting specific customer needs and enabling sharper consumer segmentation.

(REUTERS)

Swiggy Ltd will continue to focus on its new initiatives like Bolt, DeskEats, 99 Store, and NoSugarAdded, as these platform innovations helped the food delivery segment’s revenue grow 22% year-on-year to ₹2,206 crore in the July-September quarter, Rohit Kapoor, CEO of Swiggy’s food delivery arm, told Mint.

“Through constant innovation and sharper segmentation, from our ‘High-Protein’ and ‘No Added Sugar’ categories to ‘Deskeats’ across tech parks and ‘Food on Train,’ we're ensuring every consumer finds an option tailored to their needs. Moreover, initiatives like ‘Bolt,’ focusing on speed, and the ‘99 Store,’ focusing on affordability, make food delivery as seamless and accessible as possible,” Kapoor said.

MORE STORIES FROM Mint Ahmedabad

Mint Ahmedabad

Mint Ahmedabad

The world must think about why Gates shifted his climate stance

The philanthropist has grown sceptical of solving global systemic problems with universal top-down response measures

time to read

4 mins

November 10, 2025

Mint Ahmedabad

CoP-30 must turn promises into action on adaptation

Asthe annual UN climate conference startsin Belém, located in the Brazilian Amazon, the debate has shifted from promises to action.

time to read

3 mins

November 10, 2025

Mint Ahmedabad

TVS gearing up for bigger Europe ride

Automotive firm TVS Motor Co. Ltd is looking to enter more markets in Europe, including Spain and Portugal, as part of its global footprint expansion, according to its chairman Sudarshan Venu.

time to read

1 min

November 10, 2025

Mint Ahmedabad

Mint Ahmedabad

More drugs to fight high cholesterol are emerging

Patients have options beyond statins, and other alternatives are on the horizon

time to read

4 mins

November 10, 2025

Mint Ahmedabad

Mint Ahmedabad

How the US Fed helped create America’s K-shaped economy

This divergence is both a feature and bug of tight monetary policy

time to read

3 mins

November 10, 2025

Mint Ahmedabad

Hyundai India eyes homegrown play as rivals turn up heat

Korea's Hyundai Motor that made an aggressive India bet late last century is looking to reinvent itself as a homegrown carmaker, at a time when its coveted market position is under challenge from fierce local rivals.

time to read

1 min

November 10, 2025

Mint Ahmedabad

Mint Ahmedabad

Rural job demand plunges as monsoon boosts farm work

Demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act, or MGNREGA, has dropped sharply since June, with official data showing that the number of people seeking employment under the rural jobs scheme fell nearly two-thirds between June and October.

time to read

1 mins

November 10, 2025

Mint Ahmedabad

Mint Ahmedabad

Govt readies fresh e-bus push for Mumbai, Pune, Hyderabad

The ministry of heavy industries (MHI) is considering allocating 1,000 electric buses to Mumbai, 800 to Pune, and another 800 to Hyderabad in the second phase of the ₹10,900-crore PM E-Drive scheme, according to two people aware of the development.

time to read

1 mins

November 10, 2025

Mint Ahmedabad

Plunge in Asia’s AI shares sows doubts over rally

The region's sharpest decline since April has been triggered by a tech-led selloff on Wall Street.

time to read

2 mins

November 10, 2025

Mint Ahmedabad

Lead through listening and guiding

Mankind Pharma's CEO on mentoring with empathy and encouragement

time to read

2 mins

November 10, 2025

Listen

Translate

Share

-
+

Change font size