Chennai: Food-delivery start-up Swiggy has said it would deliver groceries through its new service, Swiggy Stores. The Naspers-backed firm recently raised $1 billion.
The firm’s foray into hyperlocal deliveries will place it in competition with Amazon and Flipkart as well as online grocers such as BigBasket, Grofers, and Google-backed Dunzo.
Swiggy is already piloting the initiative in Gurugram and has tied up with 3,500 local stores and merchants for the same.
Valued currently at $3.3 billion, the company plans to launch the service across all major cities in the country.