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Launch · Commerce & Consumer Brands

Swiggy relaunches premium grocery vertical Handpicked

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Date
Company
Swiggy
What it does
Food and grocery delivery platform
Kind
Launch
Based in
Bengaluru
Sector
Commerce & Consumer Brands

What they do

Swiggy operates food delivery and quick commerce via Swiggy Instamart

What happened

It relaunched Handpicked, a premium grocery service with 10-minute delivery in Bengaluru

Why it matters

The move comes as quick commerce platforms expand into electronics and white goods by Diwali

The details

  • Swiggy relaunched its premium grocery vertical Handpicked under Swiggy Instamart.
  • Handpicked offers organic, farm-fresh, locally sourced premium groceries.
  • It delivers within 10 minutes and is positioned at the bottom right corner of the Instamart app.
  • Handpicked features over 500 brands including Iyengar’s, Sweet Karam Coffee, Blue Tokai, The Whole Truth, NOTO, and Masterchow.
  • Swiggy previously had a premium grocery service called InsanelyGood on a separate app, which merged with Instamart in March 2024.
  • An earlier service also called Handpicked with next-day delivery was shut down in May 2023.
  • Handpicked is currently available in Bengaluru; Swiggy plans to expand to Delhi and Mumbai soon.
  • Meanwhile, quick commerce platforms including Swiggy Instamart, Zomato Blinkit, BigBasket BBNow, and Zepto plan to expand into electronics and white goods by Diwali.

The bigger picture

  • Quick commerce now accounts for 35% of FMCG companies' overall ecommerce sales, up from 17.5% the previous year.
  • Ecommerce already makes up 35-45% of sales in kitchen appliances, handsets, TVs, and microwaves.
  • Blinkit piloted smartphone sales last year, selling Apple's latest iPhone for a limited period.
  • Havells sold fans and air-coolers via quick commerce on a pilot basis in summer 2024.
  • Boat retails five top-selling audio products and wearables through Blinkit and Zepto and plans to sell soundbars.

About the business

  • Swiggy is a food delivery and quick commerce platform operating across India.
  • Its quick commerce arm Swiggy Instamart delivers groceries and essentials in minutes.
  • Handpicked offers premium groceries with over 500 brands in categories like organic, farm-fresh, and locally sourced items.
  • Swiggy also competes in quick commerce with Zomato Blinkit, BigBasket BBNow, and Zepto.
  • Currently, Blinkit, Zepto, BigBasket, and Swiggy sell small electronics like earbuds, smartwatches, fans, Bluetooth speakers, lighting, mixer-grinders, irons, trimmers, computer peripherals, and streaming devices.
  • BigBasket plans to sell smartphones via quick commerce by tying up with Tata's electronics retail chain Croma.
  • Quick commerce platforms are likely to offer only 4-5 top-selling models per category, especially for large appliances.

What happens next

  • Swiggy plans to expand Handpicked to Delhi and Mumbai soon.
  • Quick commerce platforms plan to expand into electronics and white goods by Diwali.
  • BigBasket will deliver most electronics within 15 minutes and large appliances within 30-45 minutes.

Founders

  • Sriharsha Majety, Co-founder
  • Phani Kishan Addepalli, Co-founder
  • Nandan Reddy, Co-founder

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