Swiggy Instamart expands to 100 cities across India

Swiggy Instamart, the quick commerce segment of food delivery service Swiggy, has expanded to 32 more cities in 2025, totaling 100 cities across India.

To meet growing demand in smaller cities, Swiggy launched ‘megapods,’ which store up to 50,000 stock-keeping units (SKUs), improving product availability.

Customers can now access over 30,000 products, including electronics, fashion, and toys, impacting the company’s financials.

Swiggy posted a net loss of 799 crore rupees (US$92.1 million) in Q3 FY25 and plans to expand its dark stores from 705 to 1,000 by March 2025.

Recent Swiggy developments

Timeline
12-Mar-2025 🚚 Swiggy plans to adopt 100% EVs by 2030 Swiggy plans 100% EV delivery fleet by 2030 1 million workers to be skilled by 2030
03-Mar-2025 📉 Swiggy shares hit all-time low of $3.63 Swiggy shares fall over 5% to ₹317.15 (US$3.63) Zomato also declines, trading down 3% at ₹215.25
19-Feb-2025 📈 Swiggy shares jump 7%, market cap hits $10.1b Swiggy shares rise 7% to ₹370.90 on BSE Market cap increases to ₹83,576 crore (US$10.1B)
12-Feb-2025 💸 Swiggy adds 2% fee on restaurant orders Swiggy to charge 2% fee on all orders from Feb 16 Restaurants express concerns; feedback invited by Swiggy
10-Feb-2025 📉 Swiggy stock hits 52-week low after Q3 loss surge Swiggy shares drop 6% to 359 rupees, 52-week low Q3 losses rise 39.1% prompting Bernstein to cut target
07-Feb-2025 📉 Swiggy shares hits 52-week low as Q3 losses widen Swiggy’s Q3 loss rises to ₹799 crore YoY Revenue grows 31% YoY; stock hits 52-week low