Do you know Swiggy had a Cloud Kitchen business? If not, here are some details that you need to know about the biz. Swiggy used to run this cloud kitchen aggregator previously before Swiggy recently sold it to Kitchens@. Kitchens@ is one of the most popular names in the huge industry of cloud kitchens. This industry is quite an evolving sector and growing all around rapidly. But why did the company sell away its cloud kitchen biz? Let’s find that out!
Here’s Why Swiggy Sold Its Cloud Kitchen Biz To Kitchens@
The most recent news is that the food aggregator company decided to sell the business to Kitchens@ but the exact amount of this deal is still unknown. None of the companies have disclosed the amount yet. The online food delivery platform took the decision to do this deal because of the slowing dip in the growth rate of food delivery. Now Zomato will soon be becoming a stakeholder in Kitchens@ with the help of Swiggy Access, launched a few years back.
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It was back in the year 2017 when the food aggregator company launched its cloud kitchen business Swiggy Access. This launch came with so many opportunities for the restaurants back then. With Swiggy Access, many restaurant owners could easily start their own cloud kitchen setups.
All About The Cloud Kitchen Business?
With Swiggy Access, these restaurants could run their cloud kitchens in their nearby areas. They could run these setups in those places where they had no proper restaurant established. This is a great initiative with many benefits such as the reduction in the food delivery time and customers getting more and more options to place their online food orders.
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Swiggy has now sold this kitchen business to Kitchens@ and this will bring more opportunities for Kitchens@ to reach more customers and improved experiences. Junaiz Kizhakkayil is the CEO of Kitchens@ and he shared that Swiggy Access kitchens will now help in increasing and supporting the company’s operations. This will also improve the facilities in over 700 kitchen setups in 52 locations in 4 cities.
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