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Partnership · Commerce & Consumer Brands

Swiggy partners with Hero MotoCorp and Snowflake

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Date
Company
Swiggy
What it does
Food delivery and quick commerce
Kind
Partnership
Based in
Bengaluru
Founded
2014
Sector
Commerce & Consumer Brands

What they do

Swiggy runs food delivery, quick commerce (Instamart) and dining out (Dineout) across 720+ cities

What happened

It partnered with Hero MotoCorp to help delivery partners buy two-wheelers and with Snowflake for data analytics

Why it matters

The Hero deal includes financing up to 90% of vehicle value; Snowflake cut slowest data workflows by 90-96%

The details

  • Swiggy partnered with Hero MotoCorp to help delivery partners buy two-wheelers.
  • Delivery partners can choose a Hero model through the Swiggy app and get exclusive pricing at Hero dealerships.
  • The partnership offers customised financing covering up to 90% of the vehicle value at competitive interest rates.
  • It includes road-safety training under Hero's Ride Safe India CSR initiative.
  • Training combines digital lessons with instructor-led practical sessions on hazard anticipation, safe riding, traffic rules and emergency response.
  • Swiggy also partnered with Snowflake to use Snowflake as a unified data foundation.
  • Snowflake helps Swiggy democratise insights across marketing, operations, product engineering and finance.
  • Snowflake improved Swiggy's slowest data workflows by 90 to 96% and accelerated data processing from six hours to near real-time.

The bigger picture

  • Amazon India approached Swiggy in July 2024 to buy into Instamart, but the deal fell through.
  • Amazon built its own quick commerce service Amazon Now instead of acquiring Instamart.
  • Amazon Now runs in five cities with roughly 4.5 to 5 lakh daily orders.
  • The Indian quick commerce market does about 7.8 million orders/day and ₹11,000 crore/month GMV as of January 2026.
  • Blinkit leads with 46-48% market share, Instamart has 23-25%, Zepto 22%, and Amazon Now+Flipkart Minutes are in single digits.

About the business

  • Swiggy operates food delivery, quick commerce (Instamart) and dining out (Dineout) services.
  • It works with 6.5 lakh+ delivery partners and 2.7 lakh restaurants across 720+ cities.
  • Instamart operates in 131 cities.
  • The company makes money through commissions from restaurants, delivery fees, advertising and subscription plans.
  • Swiggy's board approved a slump sale of Instamart into a wholly owned subsidiary, Swiggy Instamart Private Limited, in September 2025.
  • Shareholders ratified the restructuring with 99.9951% votes in favour.

The deal

Type
partnership

Founders

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

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