Food delivery companies experienced consistent growth in their business from 2018 to 2020, with the percentage increasing from 43% to 52% during this period.
The company on Friday reported a 70% year-on-year jump in its operational revenue for the March-quarter to Rs 2,056 crore, and its net loss narrowed to Rs 187.6 crore in the quarter, compared to Rs 359.7 crore in the year-ago period.
He also mentioned that the brand has focused on building more delivery partner-forward initiatives like the Swiggy Skills Academy, on-demand and free ambulance service, and an enhanced insurance policy for their safety and wellbeing.
The six-month paid internship programme gives interns the opportunity to work at the innovative food-tech company's India Development Centre (IDC) located in Hyderabad, where they are given the opportunity to work closely with the core engineering teams.
Deliveroo has also expanded beyond Hyderabad to access leading tech talent across other metros like Bangalore, Gurgaon, and Mumbai, through shared space partner (Cowrks).
The acquisition brings Swiggy on board as a stakeholder in Kitchens@, emphasizing the strength and stability of the company's financial performance and operations.
With the integration of Dineout, Swiggy became the only platform to offer exclusive discounts and savings on dining out, food delivery, groceries, sending packages & more to its users.