Tuesday, December 10, 2019
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Swiggy snaps up Indian on-demand delivery app Scooty

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Food ordering and delivery platform, Swiggy, has announced the all-cash acquisition of Mumbai-based on-demand delivery platform Scootsy, an intra-city service that gets restaurant and gourmet food, toys, beauty products and electronics to the customer’s doorstep. Swiggy did not reveal the transaction details.

Swiggy swallows up on-demand delivery startup (India).

The Meituan Dianping-backed food delivery giant has acquired the reportedly cash-strapped Scootsy for US$7.29 million. The buyout will expand Swiggy’s network of restaurants in India while Scootsy – which delivers a range of products, including food, electronics, apparel, toys, and books – will continue to operate as an independent app. (Entrackr)

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