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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
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04-Dec-2024 📊 Swiggy not expanding to new cities for food delivery
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02-Dec-2024 🍔 Swiggy expands 10-minute delivery service to over 400 locations
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15-Nov-2024 📉 Swiggy shares fall almost 6% after IPO
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| 13-Nov-2024 📈 Swiggy shares surge on market debut after $1.4b IPO |
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