Swiggy provides a food delivery application. The company partners with restaurants to offer users food ordering and delivery services through its fleet of delivery personnel. Swiggy primarily serves the food and beverage industry. It was founded in 2014 and is based in Bengaluru, India.
ESPs containing Swiggy
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The on-demand restaurant delivery market is a segment of the food delivery industry that facilitates on-demand delivery of restaurant meals to customers through a mobile application or website. On-demand restaurant delivery services enable restaurants to deliver food directly to customers' doorstep. This is a high growth market that is driven by the increasing demand for convenient and time-saving…
Research containing Swiggy
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CB Insights Intelligence Analysts have mentioned Swiggy in 5 CB Insights research briefs, most recently on Jun 28, 2022.
Expert Collections containing Swiggy
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Swiggy is included in 6 Expert Collections, including Supply Chain & Logistics Tech.
Supply Chain & Logistics Tech
Companies offering technology-driven solutions that serve the supply chain & logistics space (e.g. shipping, inventory mgmt, last mile, trucking).
Unicorns- Billion Dollar Startups
Grocery Retail Tech
Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.
Food & Meal Delivery
Startups and tech companies offering online grocery, food, beverage, and meal delivery services.
Tech IPO Pipeline
The tech companies we think could hit the public markets next, according to CB Insights data.
Latest Swiggy News
Dec 6, 2023
Kripalu's appointment points to Swiggy's grocery ambitions. Kripalu has worked with companies like Unilever, Cadbury PLC, and Marico. File picture IPO-bound food delivery platform Swiggy has inducted Anand Kripalu on its board as an independent director and also named him as the chairperson, the Bengaluru-based startup said on December 6. The appointment comes after Swiggy had also appointed three independent directors ahead of its planned IPO in 2024. Delhivery founder and CEO Sahil Barua, TAFE chairman and managing director Mallika Srinivasan and Shailesh Haribhakti & Associates chairman Shailesh Haribhakti were brought in as independent directors in February . Story continues below Advertisement Kripalu's appointment points to Swiggy's grocery ambitions through Instamart, its quick-commerce arm. Kripalu's experience from working at large consumer companies like Unilever, Cadbury PLC, Mondelez and Marico and spirits maker Diageo, will help Swiggy leverage his expertise in the industry. “Swiggy has transformed food and grocery delivery in the country, bringing unparalleled convenience to millions of homes. I am honoured to join its accomplished board, and look forward to lending my experience and perspective as Swiggy shapes the future of convenience," Kripalu said in a prepared statement. With close to 40 years of experience in the fast-moving consumer goods (FMCG) space, Kripalu is currently the Managing Director and Global CEO of EPL Ltd (formerly Essel Propack Limited), a specialty packaging company. Related stories “I’m pleased to have Anand Kripalu join as an independent director and Chairperson of the Swiggy board. Anand is a veteran in the consumer goods industry, and his deep knowledge and perspective will be instrumental in guiding Swiggy as we continue to innovate and redefine the on-demand delivery landscape in India," said Sriharsha Majety, co-founder and group CEO, Swiggy. These developments come at a time when Swiggy is gearing up for a mega IPO in 2024 and is aiming to raise $1 billion, as reported earlier. Making progress, Swiggy is likely to have shortlisted seven investment banks as its advisors for a 2024 IPO. While Kotak Mahindra Capital, Citi, and JP Morgan have been picked for senior roles, Bofa Securities, Jefferies, ICICI Securities, and Avendus Capital, are also likely to join the pack. Invite your friends and family to sign up for MC Tech 3, our daily newsletter that breaks down the biggest tech and startup stories of the day DAILY-EVENING
Swiggy Frequently Asked Questions (FAQ)
When was Swiggy founded?
Swiggy was founded in 2014.
Where is Swiggy's headquarters?
Swiggy's headquarters is located at I&J Block, Embassy Tech Village, Outer Ring Road, Devarbisanahalli, Bengaluru.
What is Swiggy's latest funding round?
Swiggy's latest funding round is Valuation Change.
How much did Swiggy raise?
Swiggy raised a total of $3.571B.
Who are the investors of Swiggy?
Investors of Swiggy include Prosus Ventures, Alpha Wave Global, Qatar Investment Authority, ARK IMPACT, Baron Funds and 33 more.
Who are Swiggy's competitors?
Competitors of Swiggy include Zepto, Eatigo, Flipkart, Rebel Foods, Dunzo and 7 more.
Compare Swiggy to Competitors
FreshMenu is a food delivery company operating in the food and beverage industry. The company offers a variety of cuisines for home delivery, including Chinese, Continental, and Mexican food. The food is prepared by in-house chefs and delivered fresh to customers' doorsteps. It was founded in 2014 and is based in Bengaluru, India.
BigBasket operates an online grocery store. It offers a mobile application that allows users to buy grocery products such as fruits and vegetables, beverages, eggs, meat, fish, household cleaning products, and more. The company was founded in 2011 and is based in Bangalore, India.
Dunzo delivers a chat-based hyperlocal services application. It allows users to create to-do lists and collaborate with vendors. The company provides the delivery of packages, groceries, food, medicines, pet supplies, and more. It was founded in 2015 and is based in Bengaluru, India.
EatClub Brands operates as a food technology company specializing in on-demand food ordering and delivery. It offers BOX8, a cloud kitchen service delivering meals through 150 kitchens. It was founded in 2012 and is based in Mumbai, India.
Rebel Foods operates a chain of online restaurants. It offers cloud kitchen facilities to food brands and connects food brands with customers. The company was formerly known as Faasos. It was founded in 2011 and is based in Mumbai, India.
BigSpoon is a multi-brand cloud kitchen firm. It offers a variety of cuisines through its own brands and white-label brands. BigSpoon was founded in 2019 and is based in Ahmedabad, India.