Swiggy

Swiggy is a foodtech platform for online food ordering and delivery, founded by Sriharsha Majety, Nandan Reddy, Rahul Jaimini in 2014 . The company also does grocery delivery service via Swiggy Store. The key investors in Swiggy are Tencent Holdings, DST Globbal, Prosus, Naspers & Hillhouse Capital Group.

Latest News

Swiggy Exclusive

Exclusive: Swiggy delivers an almost Rs 1,600 Cr exit to its early investors

Early backers of Swiggy have received partial exits from the food delivery firm as other investors increased their stake in the company over the last …

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Swiggy News

Report says Swiggy charging higher commission in select regions, company denies

After bleeding profusely in fiscal 2019, food delivery major Swiggy seems to be taking measures to rein in its staggering losses. The Bengaluru-based company has …

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Swiggy News

Swiggy launches its own wallet – Swiggy Money

Following the footsteps of several consumer internet companies, food delivery startup Swiggy has also forayed into payments. The Bengaluru-headquartered firm has launched its own wallet …

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Company Details

Company Name: Swiggy
Founder/s: Sriharsha Majety,
Nandan Reddy, Rahul Jaimini
Industry: Foodtech
Investment Raised: $ 1.5 billion
Headquarter: Bengaluru
Year of Incorporation: 2014
Key Investors: Tencent Holdings,
DST Globbal, Prosus,
Naspers & Hillhouse Capital Group
Reference Website: https://www.swiggy.com/restaurants

Company Financials

Snippets

Swiggy Stores goes live in Chennai

Soon after witnessing decent growth in cities like Gurugram and Bengaluru, Swiggy has launched its concierge-like service Swiggy Stores in Chennai. The company would deliver …

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Swiggy

Carlyle Group to invest around $200 Mn in Swiggy at $4.5 Bn valuation

Swiggy is reportedly seeking $200 million investment from US-based private equity fund Carlyle Group at a valuation of $4.5 billion. This will be a significant …

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Pesto

Matrix, founders of Swiggy, Innov8 and others put $2 Mn seed fund in Pesto

Gurugram-based career accelerator startup for top software engineering talent Pesto has raised $2 million in a seed funding round led by Matrix Partners. Swiggy founders Sriharsha Majety, Rahul …

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Swiggy

Swiggy claims 1.5 Mn monthly delivery via cycle; pilots EVs fleet in 10 cities

Swiggy has claimed that it delivers over 1.5 million orders every month on cycle. The foodtech major plans to scale delivery on the bicycle model …

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Zomato

Zomato, Swiggy records rise in daily orders; courtesy IPL

The average number of daily orders on foodtech platforms like Zomato and Swiggy has jumped by 18.2% till now from pre-IPL days. The apps are …

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Swiggy

Naspers’ Venture CEO Lawrence charles IIlg joins Swiggy’s board

Swiggy has appointed Lawrence Charles IIlg on its board of directors in March this year, reveals RoC filing. Lawrence is the CEO of Naspers (Ventures …

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Amount: INR 3,00,000 + GST (TDS to be deducted 2%)
Bank Name: ICICI Bank
Account Type: Current
Account Name: Bareback Media Private Limited
Account Number: 002105023595
IFSC Code: ICIC0000021
 
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