Indian food delivery service Swiggy will invest $700M in its express delivery business Instamart, currently available in 18 cities (Manish Singh/TechCrunch)

Manish Singh / TechCrunch:
Indian food delivery service Swiggy will invest $700M in its express delivery business Instamart, currently available in 18 cities  —  Swiggy, India's top food-delivery startup, will invest $700 million in its express grocery delivery service Instamart, significantly intensifying the competition …