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Swiggy Instamart plans 1,046 dark stores by 2025

Indian food and grocery delivery company Swiggy plans to expand its Instamart dark stores to 1,046 locations by March 2025.

This is an increase from its current count of around 600.

Swiggy is replacing smaller stores with larger facilities, ranging from 3,500 to 4,500 square feet. These can host up to 20,000 stock-keeping units (SKUs).

In major cities, Swiggy will introduce “megapods” ranging between 8,000 to 10,000 square feet, capable of storing over 50,000 SKUs.

The aim is to expedite deliveries, targeting times of 10-30 minutes.

Recent Swiggy developments

Timeline
04-Dec-2024 📈 Swiggy shares rise 6% after cutting Q2 loss
  • Swiggy shares rise 6% to ₹534.85 on trading
  • Consolidated net loss down 4.78%, revenue up 30%
04-Dec-2024 📊 Swiggy not expanding to new cities for food delivery
  • Swiggy focuses on current market improvements
  • Limited potential seen in new city expansions
02-Dec-2024 🍔 Swiggy expands 10-minute delivery service to over 400 locations
  • Swiggy’s Bolt service expands to 400 cities
  • Partnering with 40,000 eateries for quick delivery
15-Nov-2024 📉 Swiggy shares fall almost 6% after IPO
  • Swiggy shares drop nearly 6% on second day
  • IPO valued at ₹11,327 crore, fully subscribed
13-Nov-2024 📈 Swiggy shares surge on market debut after $1.4b IPO

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