Zomato announced that it will deliver food to its customers in record 10 minutes, without any pressure on delivery partners. This service will be called Zomato Instant. This development comes as Zomato extends a $150 million loan to quick commerce firm Blinkit, formerly Grofers, that promises delivery within 10 minutes. Rivals Zepto and Swiggy Instamart are also offering 10 minute delivery in select cities.
In a blog post Zomato CEO Deepinder Goyal said, “innovating and leading from the front is the only way to survive (and therefore thrive) in the tech industry. And here we are… with our 10-minute food delivery offering – Zomato Instant.”