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Thursday, November 14, 2024

IPO-bound Swiggy launches EV fleet for bulk orders in Gurgaon

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As part of its aggressive push ahead of its public listing, the firm Swiggy has launched a bulk ordering service called Swiggy XL EV for large groups in Gurgaon. This comes out after recently unveiling Swiggy ‘Bolt’, a service promising the super-fast delivery of quick-to-prepare dishes in just 10 minutes.

Swiggy fleet deliver at Haryana Election Day on launch

The company had been testing the new program for a couple of weeks, launching it on the election day of Haryana. In order to promote the launch, the Swiggy XL EV fleet has delivered 3,500 free meals to the election officials at over 580 polling booths in Gurgaon and Badshahpur. Service came free of cost to the district administration.

Continue͏͏ Exploring:͏͏ IPO-bound Swiggy pilots concierge service targeting premium customer base

Sidharth Bhakoo, national business head of Swiggy Food Marketplace said, “The festival season is perhaps the best time to launch this service, when there is gaiety and joy all around, and everyone celebrates with their loved ones. Swiggy XL will ensure that there is no interruption in parties and gatherings and no delay in large orders.” Bhakoo further added, “The service has an important environmental angle as well since the entire fleet is electric and it saves multiplicity of order trips.” Swiggy’s bulk ordering service, Swiggy XL EV, is set to reach to new cities soon, Bhakoo announced.

Swiggy ‘Bolt’ – A 10 minutes delivery initiative

Following its recent launch of Swiggy ‘Bolt’, which delivers fast-cooking meals in 10 minutes, this service is now available in six cities: Bengaluru, Hyderabad, Mumbai, Chennai, Delhi, and Pune.

Continue͏͏ Exploring:͏͏ IPO-bound Swiggy launches 10-minute food delivery service ‘Bolt’

Additionally, the company is testing an expensive concierge membership. According to  reports, subscribers can buy access to exclusive high-end experiences and events that aren’t open to the public through membership. As the company is preparing to go public, this week, shareholders of Swiggy approved increasing the fresh issue in its IPO to INR 5,000 Cr, up from initial INR 3,750 Cr.

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