Food delivery app Swiggy is best known for its service and on-time delivery, just like its competitors in India, including Zomato, Blinkit, and more. But Swiggy has introduced International Logins, a feature allowing users from 27 countries, including the US, Canada, UK, Germany, Australia, and the UAE, to enhance its reach and popularity among more people.
In its new service feature, Swiggy lets people living in these countries order food and even articles from its quick commerce offering Instamart, or book restaurant tables for loved ones, friends, or anyone back in India.
Instant delivery of food or gifts
Swiggy has announced that users can log in using their respective international numbers and make payments using international credit cards or available UPI options, including food delivery, Dineout, Genie, and Instamart.
“With the International Login, those living abroad can now surprise their loved ones on special occasions," said Phani Kishan, co-founder & CGO of Swiggy.
NRIs long requested the new feature, said Swiggy, adding that they will get a new gifting layout, making sending festive gifts or making dinner reservations back home easier.
Founded in 2014, the Bengaluru-based Swiggy collaborates with nearly two lakh restaurants across over 600 cities in India. Instamart operates in 43 cities and delivers groceries and other essentials across more than 20 categories in 10 minutes.
The firm filed its draft papers for a ₹3,750 crore Initial Public Offering (IPO) on September 26, 2024. The IPO consisted of a fresh issue of 37,500 million equity shares with a face value of ₹1 each and an offer for sale (OFS) of 185,286,265 equity shares.
According to a Reuters report, it cut its valuation estimates for the upcoming IPO in November by 10-16%, citing market volatility.
(By arrangement with livemint.com)