Swiggy, India’s largest food ordering and delivery platform, on Thursday announced the all-cash acquisition of on-demand delivery platform Scootsy - an intracity service that gets the best of restaurant and gourmet food, toys, beauty, electronics and more to the customer’s doorstep.
With this acquisition, Swiggy will further strengthen Scootsy’s curated restaurant network and help the brand expand to newer cities on the back of its operational excellence and backend strength.
Scootsy will continue to operate as an independent app post the acquisition. For Swiggy, the acquisition of Mumbai-based Scootsy is in line with its vision to provide a superior consumer experience and the widest restaurant choices for consumers. It will extend the breadth and selection of Swiggy’s existing network of 40,000 restaurants by adding more curated restaurants to it.
Founded in 2015, Scootsy has carved a niche for itself by providing consumers a great ordering experience from a careful selection of restaurants, bakeries and gourmet stores. It has also built immense loyalty amongst a large number of curated restaurant partners, many of whom are exclusively with the platform.
As Swiggy brings with it a conducive ecosystem and the right resources for expansion, the acquisition will enable Scootsy’s expansion across Mumbai as well as propel its foray into 4-5 major Indian cities in the coming months.
“Scootsy is a well-loved brand that enjoys loyalty from both its restaurant partners and the consumer,” said, Sriharsha Majety, CEO, Swiggy. “With a shared belief of providing a superior user experience, its addition will extend the convenience and reliability that Swiggy is synonymous with.”
Founded in 2014, Swiggy is India’s largest food delivery platform with about 40,000 restaurant partners spread across 17 cities.
“We, at Scootsy are excited to become a part of India’s largest food ordering and delivery platform,” said Sandeep Das, CEO, Scootsy. "As we continue to evolve with our much-loved user experience, our users will benefit from Swiggy’s operational excellence and deep understanding of the ecosystem."