Swiggy acquires on-demand delivery firm Scootsy for 50 cr
Swiggy acquires Scootsy for approximately Rs 50 cr
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 back-end strength, Swiggy said in a statement.
Scootsy will continue to operate as an independent app post the acquisition, it added.
Commenting on the development, Swiggy CEO Sriharsha Majesty said, "With a shared belief of providing a superior user experience, its addition will extend the convenience and reliability that Swiggy is synonymous with."
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, the statement said.
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