Swiggy Limited — Updates, 17-03-2025: Press Release

Swiggy Instamart has expanded its quick commerce service to 100 cities across India, driven by the increasing demand for fast delivery in tier 2 and 3 markets. This expansion includes the addition of 32 new cities in 2025, enabling millions of new customers to access over 30,000 products delivered in just 10 minutes. The CEO highlighted significant traction for convenience-led retail outside major metros, with one in four new users originating from smaller cities. To enhance operations, Swiggy Instamart is deploying larger 'megapods' for inventory, significantly increasing product variety. Recent trends show strong consumer engagement, with record single-day spends and rapid order milestones in cities like Patna and Raipur. The expansion aims to fulfill evolving consumer needs and strengthen local partnerships through tailored offerings. Investors should monitor this growth trajectory, as it indicates robust demand potential in underserved markets, reflecting a positive outlook for Swiggy's quick commerce strategy.