Swiggy Steps Into New Venture, Launches Stores To Deliver Daily Stuffs

Online food ordering giant Swiggy stepped into a new venture of its own, the Swiggy Stores that would deal in product delivery. With this, the firm will deliver anything & everything ranging from meat, medicine, flowers and others. 

“Once you choose a store and list items you want delivered, we will fulfil your order and facilitate payment. Be it a tube of toothpaste for yourself or food for your pet, there will be a store for all your needs,” the company said in its blog.

To begin with, Swiggy will be delivering from across over 3,500 stores in Gurugram.

The deliveries will be done in an hour’s time. It has partnered with brands such as HealthKart, Zappfresh, Apollo Pharmacy among others.

There was no immediate clarity on the fee the company will charge from customers below an average ticket size.

Swiggy last raised $1 billion in a round, which was led by Naspers. The round also saw participation from other existing investors such as DST Global, Meituan-Dianping and Coatue Management, along with new investors such as Tencent, Hillhouse Capital and Wellington Management Company.