Blinkit’s Bistro joins the race for 10-minute food delivery – Will it edge past competition?

As demand for ultra-fast food delivery surges, Zomato-owned Blinkit has launched ‘Bistro’, a platform promising snacks and meals in just 10 minutes. The move intensifies competition with rivals like Swiggy Bolt, Zepto Café, and Swish, capitalizing on India’s fast-paced urban lifestyle, according to GlobalData.

Kakarlapudi Karthik Varma, Consumer Analyst at GlobalData, said, “The growing demand for 10-minute food delivery reflects urban consumers’ reliance on quick solutions for their busy routines. Companies are meeting this need by delivering ready-to-eat snacks and meals within minutes. “

Evolving sector

Swiggy Bolt accounts for 5 per cent of orders, and Swish has secured $2 million in funding, driving increased competition and fueling rapid innovation and growth in this fast-evolving sector. This quest for speed is driven not just by changing consumer preferences, but also by advancements in technology, enabling faster, more efficient delivery systems.

Also Read Blinkit enters quick food delivery market with Bistro Jubilant FoodWorks shares slip over 3%; promoters acquire 40% in Coke’s India bottlers  Speed thrills, but will it kill profitability for quick commerce? Foreign consumer brands make a beeline for India

Also ReadOil India appoints Abhijit Majumder as its CFO

Artificial intelligence (AI), machine learning, and data analytics help delivery platforms predict consumer behavior, optimize ordering processes, and improve delivery routes. Meanwhile, the increasing numbers of electric scooters and bikes is making deliveries faster, more cost-effective, and environmentally friendly.

However, the race to deliver food in minutes comes with significant challenges. Companies, said GlobalData, must navigate issues such as maintaining food quality during rapid deliveries and managing escalating operational costs, all while striving to strike the right balance between speed and reliability.

Innovation and features

As the 10 minute food delivery race intensifies, consumers can look forward to more inventive solutions, including drone deliveries, automated kitchens, and AI-enhanced customer service.

Francis Gabriel Godad, Business Development Manager, India at GlobalData, said, “Numerous companies are incorporating added features such as real-time tracking, personalized meal suggestions, and loyalty programs, providing consumers with a more interactive, efficient, and captivating experience.”

Also ReadZomato launches safety program to detect delivery partner accidents

He added, “Industry experts anticipate that the sector’s future will involve a consolidation of players,

 » Read More

Related Articles

Pension revisions from 3rd to 7th Pay Commission: Up to 100 pc additional pension for pensioners in THESE age groups!

Pay Commission pensions revisions: The Centre recently gave details about subsequent pension revisions and other reforms undertaken for senior citizen pensioners falling in the age bracket of 80 to 100 years. In the Rajya Sabha, Parliamentarians Sadanand Mhalu Shet Tanavade, Baburam Nishad, and Subhash Barala sought details on the increase in grievance redressal by Pension

What are markets watching this week? Low activity in holiday-shortened week; focus on FII trends and global cues  

Stock market participants are expected to track global trends and the trading activity of foreign investors in a holiday-shortened week ahead, with no significant domestic triggers in sight, analysts said. The equity markets will remain closed on Wednesday for Christmas. Looking ahead, analysts pointed out that while no major domestic events are scheduled, several global

India’s IPO market hits record Rs 1.6 lakh crore in 2024, eyes bigger 2025  

In 2024, fundraising through Initial Public Offerings (IPOs) in India hit a record high of Rs 1.6 lakh crore. This milestone was fueled by robust economic growth, favorable market conditions, and enhancements in the regulatory framework. The year saw diverse companies, ranging from large to small market capitalizations, tapping into the IPO route, with the

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Stay Connected

0FansLike
0FollowersFollow
0SubscribersSubscribe
- Advertisement -

Latest Articles

Pension revisions from 3rd to 7th Pay Commission: Up to 100 pc additional pension for pensioners in THESE age groups!

Pay Commission pensions revisions: The Centre recently gave details about subsequent pension revisions and other reforms undertaken for senior citizen pensioners falling in the age bracket of 80 to 100 years. In the Rajya Sabha, Parliamentarians Sadanand Mhalu Shet Tanavade, Baburam Nishad, and Subhash Barala sought details on the increase in grievance redressal by Pension

What are markets watching this week? Low activity in holiday-shortened week; focus on FII trends and global cues  

Stock market participants are expected to track global trends and the trading activity of foreign investors in a holiday-shortened week ahead, with no significant domestic triggers in sight, analysts said. The equity markets will remain closed on Wednesday for Christmas. Looking ahead, analysts pointed out that while no major domestic events are scheduled, several global

India’s IPO market hits record Rs 1.6 lakh crore in 2024, eyes bigger 2025  

In 2024, fundraising through Initial Public Offerings (IPOs) in India hit a record high of Rs 1.6 lakh crore. This milestone was fueled by robust economic growth, favorable market conditions, and enhancements in the regulatory framework. The year saw diverse companies, ranging from large to small market capitalizations, tapping into the IPO route, with the

What’s brewing at Starbucks? Worker strikes spread across US stores – Here’s why

Starbucks workers’ union, representing more than 10,000 baristas, initiated a five-day strike on Friday, citing unresolved issues related to wages, staffing, and schedules. Initially impacting Starbucks stores in Los Angeles, Chicago, and Seattle, the strike is now expanding to Columbus, Denver, and Pittsburgh. The union, Workers United, plans to escalate the walkouts, potentially involving “hundreds

Inflation Calculator: How much will a Rs 50 lakh home or car cost after 10 years?

Inflation is an inevitable part of the economy, and its impact on our purchasing power is often underestimated. Inflation is typically around 6% annually. This means that the cost of goods and services increases by about 6% annually. But what does this really mean for you and your savings? What is Inflation? Adhil Shetty, CEO