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In focus
For this edition, we cover:
- The new kid on India’s 10-minute food delivery scene
- Jobs jolt for Indian EV players
- Toyota drives into Indonesia’s used car market
Hello reader,
India’s 10-minute food delivery sector is experiencing notable shifts. Zomato, now operating under the name Eternal, has discontinued its 10-minute delivery service, citing challenges in achieving profitability.
In contrast, Swiggy is expanding its 10-minute delivery offering, Bolt, to over 500 cities across the country.
It is intriguing how two major players have such differing perspectives on the segment.
Regardless, the 10-minute food delivery space remains a hot topic following the quick commerce boom in the country.
In today’s Big Story, I profile Swish, a new player that has raised over US$16 million in funding so far. While competitors like Swiggy Bolt and Zepto Cafe have much deeper pockets, Swish is focusing on delivering fresher and tastier food, in addition to speed. Will this play give it the leg up?
While India’s 10-minute food delivery scene continues to evolve, its electric vehicle sector is facing some roadblocks. Today’s Spotlight looks at the latest layoffs to hit the industry.
The Big Story
Swish cooks up fresh plan in India’s hot 10-min delivery fight
Photo credit: Swish
Less than a year old, the startup has raised over US$16 million from backers including Accel.
Spotlight
Join the region’s sharpest minds in confronting the state of play and the path forward
Quick Bytes
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