Swiggy to invest $700 million in instant grocery delivery service – TechCrunch
Swiggy, India’s top food-delivery startup, will invest $700 million in its express grocery delivery service Instamart, significantly intensifying the competition for quick commerce in the world’s second largest market. The SoftBank-backed startup, which initially launched Instamart in two Indian cities in 2020, said on Thursday that the quick grocery delivery service is now available in…