Swiggy

Swiggy Limited
Company typePublic
ISININE00H001014
Industry
FoundedAugust 2014; 10 years ago (2014-08)
Founders
  • Sriharsha Majety
  • Nandan Reddy
  • Rahul Jaimini
Headquarters
Area served
580+ cities across India
Key people
Services
RevenueIncrease 11,247 crore (US$1.3 billion) (FY24)[1]
Positive decrease −2,350 crore (US$−280 million) (FY24)[1]
OwnersProsus (30.95%)
Softbank (7.75%)
Sriharsha Majety (6.23%)
Accel (6.08%)[2]
Number of employees
6,000 (2023)[3]
Subsidiaries
  • InsanelyGood
  • Dineout
Websitewww.swiggy.com

Swiggy is an Indian online food ordering and delivery company. Founded in 2014, Swiggy is headquartered in Bangalore and operates in more than 580 Indian cities, as of July 2023.[4] Besides food delivery, the platform also provides quick commerce services under the name Swiggy Instamart, and same-day package deliveries with Swiggy Genie.

It rivals homegrown startup Zomato in food delivery and hyperlocal marketplace.[5]

  1. ^ a b "Swiggy reports Rs 11,247 Cr revenue in FY24; cuts losses by 44%". EnTrackr. Retrieved 4 September 2024.
  2. ^ "Swiggy's DRHP: A Look At The Startup's Shareholding Pattern & Top Guns". Inc42.
  3. ^ "Swiggy planning fresh layoffs; may cut 8-10% from 6000-strong workforce". Business Standard. 19 January 2023. Retrieved 27 February 2023.
  4. ^ "Why Zomato continues to eat into Swiggy's market share". Moneycontrol. Retrieved 7 May 2024.
  5. ^ Madhav Chanchani (17 March 2019). "Online food delivery wars are moving from India to Bharat". The Times of India. Retrieved 13 August 2019.