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 News

Swiggy begins home delivery of alcohol

Swiggy has enabled home delivery of alcohol through the ‘Wine Shops’ category on its app. The service went live in Ranchi today after obtaining necessary …

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Swiggy News

Swiggy tops up Series I round; onboards Tencent’s MD as non-exec director

Foodtech major Swiggy has been in the headlines the past few months over fundraising, expansion of its ESOP pool, departure of its co-founder and most …

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Swiggy News

Swiggy to lay off 1100 staff with financial and healthcare benefits

Soon after Zomato announced to lay off 13% of its workforce, another food tech major Swiggy has decided to let go of around 1,100 of …

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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 …

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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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