Swiggy to invest Rs 75 crore in two years for cloud kitchen expansion

Food delivery major Swiggy said on Wednesday that it will invest Rs 75 crore over two years to expand its network of cloud kitchens across the country.

Two years ago, it started Swiggy Access, an effort where Swiggy would take up real estate on lease, refurbish it into small shared kitchens and sub-let it to restaurant chains. These are delivery-only cloud kitchens and help restaurants service areas where they do not have a presence without having to invest in the infrastructure on their own.

So far, Swiggy has spent about Rs 175 crore towards opening 1,000 cloud kitchens in over a million square feet of space, across 14 cities. This, the company claimed, is the biggest network of cloud kitchens owned by a single player. Zomato has around 650.