Swiggy Stock
India-Based Food Delivery Platform
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About Swiggy Stock
Swiggy is an on-demand food delivery platform that brings food from neighborhood restaurants directly to customers' doors. The company's food delivery platform lists local restaurants and menu lists on an app for users to order from and track the delivery of its delivery executives, enabling users to order food with speed and convenience. Its service is used to pick up and drop off a diverse array of items, including laundry and document or parcel deliveries to business clients and retail customers. Swiggy was founded by Sriharsha Majety, Nandan Reddy, and Rahul Jaiminiin in 2014 and is headquartered in Bangalore, Karnataka, India.
Investors
ARK Impact
Bessemer Venture Partners
Swiggy, PharmEasy, BigBasket, Pinterest, Snapdeal, Sila Nanotechnologies, ServiceTitan, Toast, Hinge Health, Box
Coatue
Swiggy, Lacework, Caris Life Sciences, Relativity Space, Hopin, Snyk, Rapyd, SpotOn, Attentive, Cerebras Systems
Harmony Partners
AppDynamics, Spotify, Swiggy, Illumio, 6sense, Iterable, Alation, mParticle, Maven Clinic, Zerto
Hillhouse Capital Group
Market Kurly, Swiggy, Grail, Traveloka, Coalition, Nature's Fynd, Airwallex, Omio
InnoVen Capital
Rivigo, MobiKwik, OYO, Ather Energy, Swiggy, PharmEasy, Quikr, ZoomCar, GreyOrange
Meituan-Dianping
Mirae Asset Capital
Norwest Venture Partners
Swiggy, Quikr, Opendoor, Faire, FireEye, Gong.io, Grove Collaborative, Exabeam, HoneyBook, Omada Health
Prosus Ventures
RB Investments Pte. Ltd.
Samsung Ventures
Swiggy, RentoMojo, Noom, Plume Design, Niantic, SiFive, DriveNets, StoreDot, Pivot3, Yellowbrick Data
Tencent Holdings
Flipkart, Swiggy, Ola, Reddit, Nubank, Discord, Miniso, SoundHound, Airwallex, Blockstream
Wellington Management
Swiggy, Scopely, Cityblock Health, Attentive, HeartFlow, Urban Company, Greenlight, Guild Education, Omada Health, Somatus
Funding History
| April 2015 | $2.0M |
|---|---|
| June 2015 | $16.5M |
| January 2016 | $35.0M |
| May 2016 | $7.0M |
| September 2016 | $15.0M |
| January 2017 | $5.0M |
| May 2017 | $80.0M |
| February 2018 | $100M |
| June 2018 | $210M |
| December 2018 | $1.0B |
| February 2020 | $113M |
| April 2020 | $43.0M |
| April 2021 | $800M |
| July 2021 | $450M |
| January 2022 | $700M |
Management
Chief Executive Officer
Sriharsha Majety
Chief Financial Officer
Rahul Bothra
Press
economictimes - Jul, 28 2022
Swiggy begins selling private label brand Supreme Harvest on Instamarteconomictimes - Jul, 28 2022
Swiggy workers go on strike again, this time in Delhifinance - Jul, 22 2022
Domino's India may shift business away from delivery firms Zomato and Swiggybit - Jul, 21 2022
Swiggy appoints first food delivery CEObusiness-standard - Jun, 2 2022
Swiggy plan offers unlimited free deliveries from restaurants 10 km awayBusiness Insider India - Jan, 24 2021
CAIT seeks action against Amazon, Zomato, Flipkart and Swiggy for 'daylight robbery'splento - Jan, 20 2021
So just what is Delivery Engine Optimisation (DEO)?inc42 - Jan, 20 2021
Swiggy Ends Grocery Marketplace Experiment As Focus Turns To Dark Storesift - Jan, 9 2021
Swiggy, Instakart under tax lens over fake GST claimsTimes of India - Jan, 5 2021
Amazon, Swiggy’s payment processor hit by data breachEconomic Times - Dec, 31 2020
Swiggy, Zomato & Co. set to end 2020 with a bangBusiness Insider India - Nov, 20 2020
Swiggy says it saw a 30% jump in orders for food delivery during IPL seasonForbes - Aug, 26 2020
Riders For Indian Food Delivery Firm Swiggy Return To Chennai After Pay StrikesWARC - Jul, 29 2020
Swiggy battles food delivery slumpTechCrunch - May, 18 2020
India’s Swiggy to cut 1,100 jobs, scale down cloud kitchen operationsPymnts - Apr, 6 2020
India’s Swiggy Lands $43B To Continue Branching Out Beyond Food DeliveryTechCrunch - Feb, 26 2020
Amazon all set to enter India’s food delivery marketTechCrunch - Feb, 19 2020
India’s Swiggy raises $113M led by ProsusEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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