Swiggy jumps on launching instant gifting delivery platform
The new service will be housed within the Swiggy app, alongside its other verticals like food delivery and the quick commerce segment, Instamart

Swiggy is currently trading at Rs. 437.45, up by 14.15 points or 3.34% from its previous closing of Rs. 423.30 on the BSE.
The scrip opened at Rs. 423.50 and has touched a high and low of Rs. 439.50 and Rs. 421.00 respectively. So far 1207060 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 617.00 on 23-Dec-2024 and a 52 week low of Rs. 297.00 on 13-May-2025.
Last one week high and low of the scrip stood at Rs. 440.00 and Rs. 413.40 respectively. The current market cap of the company is Rs. 109421.23 crore.
The Institutions holding in the company stood at 20.88%, while Non-Institutions held 79.12% in the company.
Swiggy has launched an instant gifting delivery platform -- Giftables, ahead of the festive season. The new service will be housed within the Swiggy app, alongside its other verticals like food delivery and the quick commerce segment, Instamart. The service, available through the Swiggy app, is already live in Bangalore and will expand to Mumbai, Delhi, and other metros in the coming days.
The company is also planning to launch an AI-powered gifting chatbot that recommends items based on the occasion, relationship, recipient's personality, and interests.
Swiggy is a consumer-first technology company offering users an easy-to-use convenience platform - to browse, select, order and pay for food (Food Delivery), grocery and household items (Instamart), and have their orders delivered to their doorstep through on-demand delivery network.