Swiggy’s Bolt expands to 500 cities as Zomato scraps 10-minute delivery

Swiggy’s quick-service food delivery vertical, Bolt, has expanded to over 500 cities across India, the company said on Thursday—just a day after rival Zomato announced it was shutting down its competing 10-minute food delivery service Instant (previously Quick) due to weak demand and no clear path to profitability.