Swiggy brings budget-friendly meal options with 99 Store
The service provides individual meals at a fixed cost of Rs99 ($1.15).
It is accessible in more than 175 cities, including Bengaluru, Delhi, Hyderabad and Chennai.
The 99 Store offer includes biryani, wraps and local specialities. Deliveries are handled through Swiggy's Eco Saver option, which minimises delivery expenses.
It showcases single dishes to enhance user navigation, with the design aimed at streamlining the browsing process.
Swiggy Food Marketplace CEO Rohit Kapoor stated: 'At Rs99, this isn't just a price point — it's a promise. A promise that good food can be both affordable and accessible, especially for our younger customers.
'The 99 Store is our way of making sure daily meals don't burn a hole in your wallet. We've worked closely with our restaurant partners and delivery teams to make everyday meals more affordable without cutting corners.
'This is a big step in making Swiggy a true everyday choice for millions. Whether you're on a college budget or just looking for a fuss-free lunch, this is Swiggy's most value-driven offering yet.'
In November 2024, Swiggy launched three programmes to enhance support for its restaurant partners.
It introduced kitchen equipment procurement support, hygiene audits and professional photoshoot services. These served are aimed at improving operational efficiency, maintaining hygiene standards and enhancing customer engagement.
"Swiggy brings budget-friendly meal options with 99 Store" was originally created and published by Verdict Food Service, a GlobalData owned brand.
The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Entrepreneur
6 minutes ago
- Entrepreneur
JSW Cement IPO Receives Strong Response, NSDL Delivers Stellar Returns
Opinions expressed by Entrepreneur contributors are their own. You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Shares of JSW Cement will list on the BSE and NSE on August 14, following a strong investor response to its INR 3,600 crore initial public offering (IPO), which was subscribed nearly eight times. The allotment of shares is expected to be finalised tonight, August 12. The IPO was open for subscription in the primary market from August 7 to 11, with a price band of INR 139-147 per share. At the upper end of this range, the 17-year-old company is valued at INR 20,000 crore. Before the opening, JSW Cement raised INR 1,080 crore from anchor investors. According to NSE data, the issue received bids for 1.4 billion shares against 181.29 million shares on offer, translating into a subscription rate of 7.77 times. Demand was led by Qualified Institutional Buyers (QIBs), whose reserved portion was subscribed 15.8 times, followed by Non-Institutional Investors (NIIs) at 10.97 times. The retail investor portion saw a subscription of 1.81 times. The book-running lead managers (BRLMs) for the issue are Axis Capital, JM Financial, Citigroup Global, DAM Capital, Goldman Sachs (India), Jefferies India, Kotak Mahindra Capital, and SBI Capital Markets. As per the Red Herring Prospectus (RHP), the net proceeds from the fresh issue will be utilised for setting up a new integrated cement plant in Nagaur, Rajasthan, repayment of debt, and general corporate purposes. NSDL Shares Deliver 78% IPO Returns; Stock Extends Winning Streak Shares of National Securities Depository Limited (NSDL) have continued their upward momentum since debuting on August 6, delivering a 78 per cent return to IPO investors in just four sessions. On August 11, NSDL shares surged another 9.6 per cent in intraday trade to a fresh high, marking the fourth consecutive day of gains. On its listing day, NSDL made a positive debut, opening at INR 880 per share on the BSE, a 10 per cent premium to its IPO price of INR 800, and closing at INR 936, up 17 per cent from the issue price. The NSDL IPO, which had a price of INR 800 per share, saw a robust subscription of 41 times. The Qualified Institutional Buyers (QIBs) segment was subscribed an impressive 103.97 times, while the Non-Institutional Investors (NIIs) quota saw 34.98 times subscription. The retail investor segment was booked 7.73 times, and the employee portion received 15.42 times the subscription. According to the company, the government's ongoing push for digital financial services offers a strong tailwind for NSDL's growth, positioning it for long-term expansion. NSDL is India's largest depository, managing over INR 200 lakh crore worth of securities in dematerialised (demat) form and holding a dominant 85 per cent market share. With over 3 crore demat accounts, it plays a pivotal role in India's rapidly expanding capital markets. Market Outlook Siddhartha Khemka - Head Of Research, Wealth Management, Motilal Oswal Financial Services said that domestic institutions (DIIs) remained net buyers in August INR 42,750cr, offsetting foreign institutional investor (FII) outflows of ~INR 15,000cr, continuing to provide support during market volatility. Investors awaited key macro data, India's CPI and US Core CPI, due later today, that could influence near-term interest rate expectations. Bajaj Broking maintained that the day witnessed profit-taking as investors turned risk-averse ahead of critical domestic and US inflation readings. Market focus stayed firmly on upcoming macroeconomic releases, particularly India's July CPI inflation figures and the US CPI print.


Bloomberg
8 minutes ago
- Bloomberg
Sugar Set for Longest Run of Gains in Five Months on Brazil Crop
Raw sugar futures advanced in New York for a third day — the longest winning streak since Feb. 21 — on renewed concerns over weaker cane yields in top grower Brazil that will likely reduce supplies. Brazil's sugar production in 2025-26 may total 39 million-40 million tons, compared with an earlier expectation of 41 million tons, said Rahil Shaikh, managing director at trading firm Meir Commodities India Pvt., citing market estimates and concerns that output may be affected by the impact of adverse weather. The crop was hit by widespread dryness during the earlier stages of its development, reducing yields.


Entrepreneur
35 minutes ago
- Entrepreneur
Elever Raises USD 1.1 Million in Pre-Series A Round
The firm said the new funding will be used to expand its PMS business, strengthen brand presence, and deepen engagement with high-net-worth individuals (HNIs), founders, entrepreneurs, and next-generation investors You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Portfolio Management Services (PMS) platform Elever has raised USD 1.1 million in a pre-Series A funding round, with participation from CXOs of global companies, Brand Capital (the strategic investment arm of The Times of India Group), and existing investors. The company's total funding now stands at USD 4 million. Elever, registered with the Securities and Exchange Board of India (SEBI), offers quantitative, rule-based PMS strategies that leverage factor investing to provide risk-adjusted returns. The firm said the new funding will be used to expand its PMS business, strengthen brand presence, and deepen engagement with high-net-worth individuals (HNIs), founders, entrepreneurs, and next-generation investors. "We see Elever as a frontrunner in the evolution of wealth-tech, leveraging automation and factor investing to deliver consistent, risk-adjusted outcomes," said Srini Vudayagiri, President and Head of Brand Capital. "Their focus on data, discipline, and disruption aligns well with our belief in backing scalable, transformative fintech companies." India's wealth management market is projected to grow from USD 1.1 trillion in FY24 to USD 2.3 trillion by FY29, according to Deloitte. PMS assets under management in India have nearly tripled since FY17, reaching USD 445–450 billion by March 2025. "This funding round comes at a pivotal time as we double down on our PMS offering," said Anshul Sharan, Co-founder and CEO of Elever. "Backing from Brand Capital and leading CXOs validates our vision to make institutional-grade, factor-based investing accessible to individuals and family offices in India and overseas." In July 2025, Elever launched Factorcapro PMS, described as India's first PMS strategy aimed at providing monthly income and capital protection, targeted at retirees and conservative investors. The company aims to reach INR 1,000 crore in AUM within two years and plans to raise a Series A round in the next 12 months.