Swiggy Confirms Scootsy Acquisition, Reportedly For Rs 50 Crore
Indian online food ordering and delivery platformSwiggyon Thursday confirmed it has acquired Mumbai-based on-demand delivery platform Scootsy in an all-cash deal which is likely to be to the tune of Rs 50 crore. With this acquisition, Swiggy will strengthen Scootsy’s curated restaurant network and help the brand expand to newer cities on the back of its operational excellence and backend strength, the company said in a statement. “Scootsy enjoys loyalty from both its restaurant partners and the consumer....