Swiggy

About

Swiggy is a food delivery platform that brings food from neighborhood restaurants directly to customers' doors.

Bangalore,Karnataka,India
10001 - max
https://www.swiggy.com

Highlights

Details

Last Funding Type: Series F
Last Funding Money Raised: $100M
Industries: Delivery,Food and Beverage,Food Delivery
Founded date: Aug 1, 2014
Number Of Employee: 10001 - max
Operating Status: Active
Legal Name: Bundl Technologies Private Limited
Also Known As: Bundl Technologies

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.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

15

$2.87B

Swiggy has raised a total of $2.87B in funding over 2 rounds. Their latest funding was raised on Jan 24, 2022 from a Series J round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 24, 2022	Series J	—	16	Invesco	—	Detail
Jul 12, 2021	Series J	$450M	1	SoftBank Vision Fund	—	Detail
Apr 5, 2021	Series J	$800M	11	Alpha Wave Global Amansa Capital Carmignac Falcon Edge India Goldman Sachs Think Investments	—	Detail
Apr 6, 2020	Series I	$43M	5	—	—	Detail
Feb 19, 2020	Series I	$113M	3	Prosus Ventures	—	Detail

Investments

Number of Investments

Number of Lead Investments

6

2

Swiggy has made 6 investments. Their most recent investment was on Apr 17, 2022, when UrbanPiper raised $24M.

Date Company Name	Round	Money Raised	Industry	Lead Investor
Apr 17, 2022 UrbanPiper	Series B	$24M	Food and Beverage	—
Apr 15, 2022 Rapido	Series D	$180M	Information Services	Yes
Feb 22, 2021 Fingerlix	Series C	₹200M	Food and Beverage	—
Feb 1, 2021 Maverix Platforms	Series C	$200M	Food and Beverage	—
Apr 7, 2020 Fingerlix	Series C	$1.88M	Food and Beverage	—

Investors

Number of Lead Investors

Number of Investors

17

42

Swiggy is funded by 42 investors. Invesco and SoftBank Vision Fund are the most recent investors.

Investor Name	Lead Investor	Funding Round
Invesco	Yes	Series J
SoftBank Vision Fund	Yes	Series J
Amansa Capital	Yes	Series J
Carmignac	Yes	Series J
Falcon Edge India	Yes	Series J
Goldman Sachs	Yes	Series J
Think Investments	Yes	Series J
Elevation Capital	Yes	Series A
Alpha Wave Global	—	Series J
ARK Impact	—	Series J

Employee Profiles

Number of Employee Profiles

38

Swiggy has 38 current employee profiles, including Employee Kranthi Mitra

Employee

Executive

Executive

Executive

Executive

Exits

Swiggy has had 1 exits. Swiggy most notable exits include Fingerlix

Date	Company Name	Exit Type	Industry
Jan 27, 2022	Fingerlix	M&A	Food and Beverage	Detail

Acquisition

Swiggy has acquired 5 organizations. Their most recent acquisition was 48East on Dec 13, 2017. They acquired 48East for 0.

Date Company Name	Industry	Acquisition Type	Price
Dec 13, 2017 48East	Delivery Service	acquihire	—	Detail
Aug 2, 2018 Scootsy	Consumer Goods	acquisition	$ 8M	Detail
Sep 1, 2018 Supr Daily	Agriculture	acquisition	—	Detail
Feb 4, 2019 Kint.io	Artificial Intelligence	acquihire	—	Detail
May 13, 2022 Dineout	E-Commerce	acquisition	$ 200M	Detail