Swiggy, a popular food delivery service, offers both meals and goods. Under the moniker insta Mart, groceries are delivered quickly. swiggy has been offering this service under the moniker Super Daily since 2018. Super Daily is a subscription-based firm that provides milk, necessities, and groceries. Puneet Kumar and Shreyas Nagadavane co-founded the company in 2015. Both are IIT mumbai students. swiggy purchased the business.


When swiggy purchased Super Daily in 2018, 6,000 orders per day were delivered to Mumbai's outskirts. Across the last four years, the number of Super Daily services has climbed to 2 lakh in six cities. However, the profit was lower than planned. Meanwhile, the price was rising. So yet, the company's operations have not yielded any profit. Super Daily service would be discontinued in five cities: delhi NCR, mumbai, Pune, Hyderabad, and Chennai.

"The service will be discontinued from May 12 in five cities - delhi NCR, mumbai, Pune, Hyderabad, and chennai to restructure Super Daily," stated Bani Kishan, CEO of Super Daily. However, our service in Bangalore will continue. If the subscription amount remains unpaid or has been paid, customers' bank accounts will be credited. We invest a lot of time and money. Unfortunately, we have not yet turned a profit. When it comes to business, we are often distracted from our objectives. Has not changed in response to market changes. "This modification is necessary to fulfil our objectives," he explained.
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G GOWTHAM

12/05/2022 12:43 PM