Swiggy pins hopes on Bolt amid losses
- Posted on May 12, 2025
- By Financial Express
- 2 Views
Swiggy pins hopes on Bolt amid losses
Swiggy bets big on 10-minute food delivery service Bolt to revive growth amid rising losses and stagnating core business. Bolt now contributes 12% of orders, showing higher retention, even as Instamart’s quick commerce arm struggles with widening losses and underutilised dark stores.
