Swiggy Says 10-Minute ‘Bolt’ Deliveries Will Remain Key Growth Driver as Service Hits 10% of Orders

Swiggy expects its rapid-service food offering, Bolt, to remain a significant contributor to the company’s expansion, with the 10-minute delivery segment already accounting for one in every ten food orders placed on the platform, a senior executive has said.

Rohit Kapoor, CEO of Swiggy’s Food Marketplace, said Bolt will continue to play "a strong role" in the company’s strategy, though it will operate as one of several growth channels. Swiggy currently offers Bolt in more than 700 cities across India.

Speaking at the release of the How India Eats report by Swiggy and Kearney, Kapoor said consumers’ desire to access specific food items at precise times — paired with restaurants curating menus to meet that demand — is fueling the rise of hyper-fast delivery formats.

Kapoor dismissed concerns that expanding Bolt would increase cash burn, saying the service has a neutral or positive impact on Swiggy’s financials. “It is good for frequency, good for uptake… Each order is profitable for sure,” he said.

While avoiding specific forecasts for Bolt, Kapoor said Swiggy continues to guide for 18–20% year-on-year growth in gross order value (GOV) across the platform.

On questions regarding India’s recently announced labour codes and their impact on delivery aggregators, Kapoor said Swiggy is closely evaluating the changes. “When the time comes, we’ll be ready for it,” he noted, adding that regulatory clarity ultimately benefits large-scale businesses, even if short-term adjustments follow.