Swiggy, the food delivery giant, is making headlines as it prepares to launch one of India’s most significant initial public offerings (IPOs) in the tech-driven food delivery sector.

Swiggy, one of India's leading food tech platforms, has unveiled its Bolt initiative, a rapid 10-minute delivery service for meals and beverages.

Zomato and Swiggy have been facing tough time to improve their margins and make money in highly competitive food delivery space.