Swiggy

Swiggy Limited
Formerly	Bundl Technologies Pvt. Ltd. (2014–2024); Swiggy Pvt. Ltd. (2024–2024)
Company type	Private
ISIN	INE00H001014
Industry	Online food ordering; Q-commerce;
Founded	August 2014
Founders	Sriharsha Majety; Nandan Reddy; Rahul Jaimini;
Headquarters	Bangalore, Karnataka, India
Area served	580+ cities across India
Key people	Sriharsha Majety (CEO); Rohit Kapoor (CEO - Food); Phani Kishan Addepalli (CEO - Instamart); Rahul Bothra (CFO); Madhusudhan Rao (CTO);
Services	Food delivery; Online grocery; Courier;
Revenue	₹8,625 crore (US$1.0 billion) (FY23)
Net income	₹−4,179 crore (US$−500 million) (FY23)
Owners	Prosus (31%); SoftBank (8%); Accel (6.3%);
Number of employees	6,000 (2023)
Subsidiaries	InsanelyGood; Dineout;
Website	www.swiggy.com

Swiggy is an Indian online food ordering and delivery platform. 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 on-demand grocery deliveries under the name Instamart, and a same-day package delivery service called Swiggy Genie.

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

^ ^a ^b "Swiggy revenue jumps 45% to Rs 8,625 cr in FY23, loss widens to Rs 4,179 cr". Business Standard. Retrieved 1 February 2024.
^ "Ahead of IPO, Swiggy names 3 independent directors to board". Financial Express. Retrieved 27 February 2023.
^ "Swiggy planning fresh layoffs; may cut 8-10% from 6000-strong workforce". Business Standard. 19 January 2023. Retrieved 27 February 2023.
^ "Why Zomato continues to eat into Swiggy's market share". Moneycontrol. Retrieved 7 May 2024.
^ Madhav Chanchani (17 March 2019). "Online food delivery wars are moving from India to Bharat". The Times of India. Retrieved 13 August 2019.

[fy23-1] "Swiggy revenue jumps 45% to Rs 8,625 cr in FY23, loss widens to Rs 4,179 cr". Business Standard. Retrieved 1 February 2024.

[2] "Ahead of IPO, Swiggy names 3 independent directors to board". Financial Express. Retrieved 27 February 2023.

[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.

[The_Times_of_India-5] Madhav Chanchani (17 March 2019). "Online food delivery wars are moving from India to Bharat". The Times of India. Retrieved 13 August 2019.

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