Swiggy rolls out DeskEats for office goers after losses widen in Q1
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Food and grocery delivery platform Swiggy has rolled out 'DeskEats' for working professionals in over 7,000 tech parks across 30 cities as it aims to tap into consumers seeking hassle-free food delivery during work hours.This announcement comes a few days after the Bengaluru-based company reported its June quarter numbers, in which its losses doubled and cash burn increased. Swiggy 's net loss doubled year-on-year (YoY) to Rs 1,197 crore, while it spent Rs 1,053 crore of cash on a net basis, after accounting for operating, investing, and financing activities. The Bengaluru-based company's operating revenue for the quarter increased 54% to Rs 4,961 crore.Under DeskEats, Swiggy will be offering value combos, munchies, healthy nibbles, and more, which focus on satisfying the needs of office goers. Users can access this by typing 'office' or 'work' on the Swiggy app.'With the launch of DeskEats, we've reimagined how food delivery fits into a busy, high-performance workday. Whether it's a quick bite between meetings or a team treat after a deadline, DeskEats is built to match the rhythm of an office day,' Deepak Maloo, vice president, food strategy, customer experience & new initiatives, Swiggy, said in a prepared statement.He added that while it is easy to have any food delivered at the office, it is often difficult to find food that is packed in a way that is easy to consume at the desk while working.Swiggy's DeskEats is part of its other similar initiatives, such as '99 store,' which is aimed at attracting price-conscious users and high-frequency Gen Z consumers.Furthermore, a close look at Swiggy's Q1 FY2026 results shows that after two quarters of slowing growth, Swiggy's food delivery business—its largest segment—gathered pace at 19% year-on-year (YoY), faster than rival Zomato , which grew at 16% during the April-June period.Swiggy seems to be targeting different kinds of customers through initiatives like DeskEats and 99 store in light of increasing competition in the food delivery industry, as well as slowing demand.
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