InvestorQ : Why is Swiggy downsizing its business lines like Scootsy at a time when the demand is just about picking up?
Debbie Mascarenhas made post

Why is Swiggy downsizing its business lines like Scootsy at a time when the demand is just about picking up?

Answer
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Crowny Pinto answered.
3 months ago


Swiggy plans to shut down its on-demand premium food delivery service Scootsy, acquired in 2018. Swiggy had acquired Scootsy for Rs.50 crore and was allowed to operate as an independent app. Swiggy is now planning to consolidate the premium curated menus segment to its own platform. Thus Scootsy will be wound up and all Scootsy will be redirected to the Swiggy app. With this it will also undertake the transitioning of Scootsy’s partners and delivery fleet onto the Swiggy platform. This will be the first step by Swiggy to focus more on the premium segment.