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Swiggy Instamart expands in India, eyes standalone app
Swiggy Instamart, the quick commerce service of Swiggy, has expanded to 76 cities across India.
The company also plans to launch a standalone Instamart app while maintaining its presence on the unified Swiggy platform.
Launched in August 2020, Instamart initially offered 30-45 minutes deliveries but now promises 10-minute delivery for nearly 50,000 products. In Q2 FY25, Instamart reported a 135.7% year-on-year revenue increase, reaching 490 crore rupees (US$57.05 million).
The new standalone app aims to simplify user access to the service while keeping it integrated with the Swiggy platform.
Details about the timeline for the full-scale launch of the standalone app have not yet been disclosed.
Recent Swiggy developments
| Timeline |
|---|
09-Jan-2025 🍔 Swiggy launches 10-minute food delivery app
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16-Dec-2024 📈 Swiggy shares surge 6% after rating, up 29% since IPO
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12-Dec-2024 🍽️ Swiggy launches invite-only membership program
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05-Dec-2024 🚀 Swiggy Instamart plans 1,046 dark stores by 2025
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| 04-Dec-2024 📈 Swiggy shares rise 6% after cutting Q2 loss |
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