Criteo, the commerce media company, has partnered with Swiggy to power its offsite retail media campaigns. The collaboration will bring Criteo’s advanced technology to help Swiggy and brands drive full-funnel marketing outcomes outside of the Swiggy website.
Commenting on the partnership, Amitkumar Banka, Head of Growth Marketing, Swiggy, said: “Quick commerce is growing rapidly in India, with a 77% YoY growth, and is expected to continue growing at a rate of 40-45%[1]. Our partnership with Criteo will allow our partner brands and non-endemic brands to reach and engage with quick commerce shoppers across the open internet.” Kashish Vasandani, Director Growth, Swiggy, adds, “The success stories with Kellogg’s and other CPG brands showcase the effectiveness of Criteo’s retail media capabilities that can unlock value for all players in the advertising ecosystem.”
Added Medhavi Singh, Country Head, India at Criteo: “Criteo has a leading market footprint in retail media, including 65% of the top 30 retailers in the Americas and 50% of the top 30 in EMEA, and we are broadening our retail media presence in India and APAC. We are proud to partner with Swiggy, one of the leaders in the quick commerce space, to power their offsite retail media campaigns to further scale in the industry. As the needs for retail media in India grow rapidly, Criteo’s retail media solutions powered by its advanced AI and commerce data enable businesses to make informed decisions and optimise media planning for better results in one unified platform.”