Swiggy Launches 10-Minute Meal Delivery in India

• Swiggy, India's top food delivery startup, has launched a service called Bolt for delivering meals in 10 minutes.
• The service is live in major cities and partners with over 2,700 restaurants, including KFC, McDonald's, and Starbucks.
• Bolt focuses on quick-to-prepare items and operates within a 2-kilometer radius of customers.
• This move intensifies competition in India's quick-commerce market, which has grown by over 100% in a year.
• Swiggy assures that its delivery partners won't face penalties or receive incentives based on the timing of Bolt orders.

Source: Techcrunch