SWIGGY

Swiggy is an Indian food ordering and delivering Company that provides food services solution for restaurants has based in Bangalore, Karnataka, India. It is a food delivery and food processing Company  Internet. It is the Founders by Nandan Reddy, Rahul Jaimini and Sriharsha Majety in Aug 1,2014 . Swiggy is also known as Bundl Technologies Private Limited. It is operated in more than 25 Cities in India. Its total Valuation in the market is $ 1.3 billion and its total funding amount is $465.5 million.

swiggy logo

swiggy logo

History

The idea for Swiggy came in 2014, Swiggy was founded in August 2014 by Nandan Reddy, Rahul Jaimini, and Sriharsha Majety. Restaurants often faced manpower problems and their delivery personnel was also not trained to deliver food in time. Swiggy started as a small setup in August 2014, with a team of seven delivery personnel.

hero-discover-Swiggy

Swiggy heros

About the Founders

Swiggy is founder by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini. Sriharsha Majety is a graduate of Indian Institute of Management, Calcutta and he currently works as the Chief Executive Officer (CEO) at Swiggy. Co-founder Nandan Reddy is an alumnus of Birla Institute of Technology and Science and he manages operations at Swiggy. He had past worked at Galla, Zurna, and Intellecap. Co-founder Rahul Jaimini is an alumnus of Indian Institute of Technology, Kharagpur and he is the Currently Chief Technical Officer at Swiggy.

swiggy-ceo-sriharsha-majety

swiggy-ceo-sriharsha-majety

Nandan Reddy CO-founder

Nandan Reddy CO-founder

Rahul Jaimini

Rahul Jaimini

Operations

Swiggy operates in more than 25 Cities in India. These include such as Agra, Ahmedabad, Allahabad, Amritsar, Aurangabad, Bangalore, Bhopal, Bhubaneswar, Chandigarh, Chennai, Coimbatore, Dehradun, Delhi, Faridabad, Goa, Gurgaon, Guwahati, Hyderabad, Indore, Jaipur, Jalandhar, Kanpur, Kochi, Kolkata, Kota, Kozhikode, Lucknow, Ludhiana, Madurai, Mangaluru, Manipal, Mumbai, Mysore, Nagpur, Nashik, Noida, Pondicherry, Pune, Ranchi, Surat, Thiruvananthapuram, Thrissur, Tirupati, Tirupur, Trichy, Udaipur, Vadodara, Varanasi, Vellore, Vijayawada, Vizag, and Warangal.

Investors

The total funding amount for Swiggy is $465.5 million. Collectively, Naspers. and DST Global have invested $210 million. Other investors include AccelBessemer Venture PartnersNorwest Venture PartnersSAIF Partners, Harmony Partners, Coatue Management, RB Investments, and Dianping.

swiggy chart

Competitors

Swiggy competes with online many other delivery services provider like Zomato, Box8, UberEats, foodPanda, Dineout,  etc.

Total Restaurants

Swiggy has co-operated with over 40,000 restaurants in India.

Recognitions

In 2016, Outlook Magazine recognized Swiggy as the best Startup of The Year. Swiggy was named the Startup of The Year at the Economic Times Startup of The Year Awards 2017. In 2018, Swiggy bagged the Startup of The Year awards at Startup awards and Star Re.imagine Awards. Its co-founders – Rahul Jaimini and Nandan Reddy were listed in Forbes 30 under 30.

Swiggy is the best food ordering and delivery startup in India.  Swiggy works by acting as a connection between customers and restaurants. Swiggy has its own team of delivery professionals who pick up orders from restaurants and deliver at the customer’s doorstep. This has made the task of ordering food a lot easier for the customers. Restaurants also grow by getting more orders and avoiding more costs and more efforts associated with maintaining their own delivery.

swiggy

Swiggy is an Indian based company that gives a complete service of food ordering and delivery solution from the best neighborhood restaurants to the urban foodie.

Order on swiggy

Order on swiggy