Swiggy

Swiggy is an Indian-based company that provides a food ordering and delivery solution from the neighborhood restaurants to the urban foodie.

Swiggy aims to stand out by offering a more curated list of restaurants and services, not to mention its own in-house delivery fleet that pick up orders from restaurants and deliver it to the customers. 

Swiggy was founded in Aug 1, 2014 by Sriharsha Majety, Rahul Jaimini, & Nandan Reddy. The company is based in Bangalore, Karnataka with presence in over 60 locations in PAN India.

Swiggy’s innovative technology, large and nimble delivery service, and customer focus enable a host of benefits including lightning fast deliveries, live order tracking, no restrictions on minimum order amounts, and strong customer support.

Swiggy has more than 50,000 restaurant partners, who leverages it's platform to reach new customers and increase their sales.

 

Swiggy is backed by Naspers, DST Global, Tencent Hondings, Wellington Management, Falcon Edge Capital, Goldman Sachs, Think Capital and others. The company raised $800M in Series J round on Apr 05, 2021. This brings Swiggy's total funding to $2.46B to date. The Series J round pushed Swiggy's valuation to $4.9B, up from its previous $3.3B valuation gained in Feb 2020.

 

 

  • Year founded: 2014
  • Funding Info: $2.46B over 12 Rounds (Latest Funding Type: Series J)
  • Yearly Revenue: $390M (2020)
  • Employee Size: 1,001-5,000
  • Business Valuation: Valued at $4.9B as of April 05, 2021
  • City/Town: Bangalore
  • State: Karnataka
  • Country: India
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