These stock market stars are outpacing traditional stores in just ‘10-minutes’
2 weeks, 3 days ago

These stock market stars are outpacing traditional stores in just ‘10-minutes’

Live Mint  

Food delivery apps in India are promising to bring biryani to hot beverages at customers’ doorsteps in under 10 minutes, as competition for impatient consumers intensifies among digital platforms. Bolt accounts for 5% of Swiggy’s total food delivery orders within two months of its launch, Sidharth Bhakoo, chief business officer of food marketplace at Swiggy said in an email. “We see it touching 10% of all food delivery orders at some point in the near term.” The speedy meals comes amid health concerns and rising obesity in India. “When you order from your nearest Bistro kitchen, we make dishes fresh by putting together ingredients that are prepared at a central kitchen.” Food is prepared in “controlled environments to maintain quality” and “high hygiene standards are enforced at every stage—from sourcing to final delivery,” Shashank Shekhar Sharma, who leads Zepto Cafe, said in an email.

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