OverviewSuggest Edit

Swiggy is a company which offers on-demand food delivery platform designed to provide food from neighborhood restaurants to the people. The Company's platform utilizes a smartphone application that has local restaurants and their online ordering menu listed, from which it provides delivery using a fleet of personnel, enabling people to order food at their convenient places. 

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TypePrivate
Founded2014
HQBangalore, IN
Websiteswiggy.com

Latest Updates

Employees (est.) (Feb 2019)5,624(+26%)
Revenue (FY, 2018)₹4.4 B(+204%)

Key People/Management at Swiggy

Nandan Reddy

Nandan Reddy

Co-Founder
Sriharsha Majety

Sriharsha Majety

Co-Founder
Rahul Jaimini

Rahul Jaimini

Co-Founder
Rahul Bothra

Rahul Bothra

CFO
Vishal Bhatia

Vishal Bhatia

CEO – New Supply
Joseph Cherian

Joseph Cherian

COO – New Supply
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Swiggy Office Locations

Swiggy has offices in Bangalore, Noida, Ahmedabad, Chandigarh and in 11 other locations
Bangalore, IN (HQ)
Maruthi Chambers, Survey No 17/9B
Chennai, IN
Temple Tower Anna Salai
Gurgaon, IN
G01 O4U Services, 890 Udyog Vihar Phase 1
Hyderabad, IN
H.No. 1-62/172, 4th Floor, Plot no. 172, Kavuri Hills Phase II, Madhapur
Kolkata, IN
4th Floor, Zone B, Asyst Park, Plot No. 37, Block- GN, Sector-V, Salt Lake City
Mumbai, IN
701/702/703, A – Wing, Everest Chambers, Andheri Kurla Road, Marol
Show all (16)
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Swiggy Financials and Metrics

Summary Metrics

Founding Date

2014

Swiggy total Funding

$1.5 b

Swiggy latest funding size

$1 b

Time since last funding

2 months ago

Swiggy investors

Swiggy's latest funding round in December 2018 was reported to be $1 b. In total, Swiggy has raised $1.5 b. Swiggy's latest valuation is reported to be $3.3 b.
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Swiggy Revenue

Swiggy's revenue was reported to be ₹4.42 b in FY, 2018 which is a 203.4% increase from the previous period.
INR

Revenue (FY, 2018)

4.4b

Revenue growth (FY, 2017 - FY, 2018), %

203.4%

Net income (FY, 2018)

(4.0b)

Market valuation

3.3b

Cash (31-Mar-2017)

508.6m

EV

3.2b
INRFY, 2015FY, 2016FY, 2017FY, 2018

Revenue

1.2m235.9m1.5b4.4b

Revenue growth, %

20255%517%203%

Cost of goods sold

4.8m

Gross profit

1.5b
INRFY, 2015FY, 2016FY, 2017

Cash

38.9m508.6m

Accounts Receivable

37.9m57.9m

Inventories

479.2k

Current Assets

2.1b2.3b
INRFY, 2016FY, 2017

Net Income

(1.4b)(2.1b)

Depreciation and Amortization

40.8m64.1m

Inventories

(479.2k)

Accounts Payable

74.7m166.1m
INRY, 2018

Revenue/Employee

1.3m
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Swiggy Operating Metrics

Swiggy's Monthly Orders was reported to be 21 m in Oct, 2019.
Dec, 2015Apr, 2016Aug, 2016Dec, 2016Apr, 2017Mar, 2018Jun, 2018Jul, 2018Sep, 2018Oct, 2019

Active Cities

8 8 8 8 12 28

App Downloads

1 m

Monthly Orders

30 k5 m14 m21 m

Restaurants

5.50 k9 k12 k25 k35 k35 k
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Swiggy Acquisitions / Subsidiaries

Acquired CompanyDateDeal Size
Kint.ioFebruary 04, 2019
ScootsyAugust 03, 2018$8 m
48EastDecember 13, 2017

Swiggy Revenue Breakdown

Embed Graph

Swiggy revenue breakdown by business segment: 8.7% from Other , 90.8% from Sale of Services and 0.5% from Other

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Swiggy Online and Social Media Presence

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Swiggy News and Updates

Uber Eats may sell Indian biz to Swiggy by March, keep 10% stake: Report

Swiggy is currently leading discussions but rival Zomato is still in the race for a share-swap deal

Uber Eats close to selling Indian food delivery business to Swiggy - ET

Uber Eats, the food delivery arm of ride-hailing app Uber Technologies Inc, is close to a deal to sell its Indian business to Bengaluru-based Swiggy, the Economic Times reported https://bit.ly/2SRZnNb on Friday.

Delivery dreams: Swiggy, Dunzo on aggressive expansion path in India

But growing pains or not, the local commerce space is all set to hot up in the coming months

Top 10 biz headlines: Swiggy to deliver groceries, IIP growth, and more

Swiggy is already piloting the initiative in Gurugram. For this, it has tied up with 3,500 local stores and merchants such as Ferns N Petals, Le Marche and Needs Supermarket

Top 10 biz headlines: Swiggy to deliver groceries, IIP growth, and more

Swiggy is already piloting the initiative in Gurugram. For this, it has tied up with 3,500 local stores and merchants such as Ferns N Petals, Le Marche and Needs Supermarket

Swiggy says sorry, suspends outlet after Chennai man finds bandage in food

Do you remember the man who was found eating portions of the food he was supposed to deliver for Zomato and sealing it back in a video that went viral a couple of months ago?
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Swiggy Company Life and Culture

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Swiggy Frequently Asked Questions

  • When was Swiggy founded?

    Swiggy was founded in 2014.

  • Who are Swiggy key executives?

    Swiggy's key executives are Nandan Reddy, Sriharsha Majety and Rahul Jaimini.

  • How many employees does Swiggy have?

    Swiggy has 5,624 employees.

  • What is Swiggy revenue?

    Latest Swiggy annual revenue is ₹4.4 b.

  • What is Swiggy revenue per employee?

    Latest Swiggy revenue per employee is ₹785.9 k.

  • Who are Swiggy competitors?

    Competitors of Swiggy include Licious, Zomato and Grofers.

  • Where is Swiggy headquarters?

    Swiggy headquarters is located at Maruthi Chambers, Survey No 17/9B, Bangalore.

  • Where are Swiggy offices?

    Swiggy has offices in Bangalore, Noida, Ahmedabad, Chandigarh and in 11 other locations.

  • How many offices does Swiggy have?

    Swiggy has 16 offices.