What is Swiggy?

 Swiggy is a food ordering and delivery

company based out of Bangalore, India.
 It is a single window for ordering from a
wide range of restaurants.
 It owns an exclusive fleet of delivery
personnel to pickup orders from
restaurants and deliver it to customers .
History

 The idea for Swiggy came in 2014, when the

founders realized that there was a huge gap
in the food ordering and delivery space.
 Swiggy started as a small setup in August
2014, with a team of 6 delivery personnel and
covering 25 restaurants.
 Swiggy now has operations in 8 cities and
more than 10,000 restaurants on its platform.
Funding

 Received investments worth USD 155.5

million via six rounds of funding.
 Investors include SAIF Partners, Harmony
Partners, Naspers, Norwest Venture
Partners, Bessemer Venture Partners, and
Accel Partners.
Acquisitions

 Acquired gourmet food startup ’48East’ in

December 2017. The acquisition of 48East
has helped it to strengthen its service
offerings and add additional capabilities
as well.
Competition

 Swiggycompetes with other players in the

food ordering and delivery space such as
Zomato, Box8, Holachef, Dineout, etc.
Founders

 Swiggy was founded by Sriharsha Majety,

Nandan Reddy, and Rahul Jaimini.
Sriharsha Majety Co-founder Nandan
Reddy .
Swiggy on Latest News
Soft Bank,under India head Sumer Juneja,may
pump in massive funds into Swiggy(27/11/18)
 SoftBank is pushing further ahead with its
engagement in India having setup a full-
fledged office and has also appointed Sumer
Juneja as its India operations head.
 Norwest was one of the first to invest in food
order delivery startup Swiggy and was
nominated to Swiggy’s board as well.
Swiggy announces expansion of Access
with delivery-only kitchens in four
cities(26/09/18)
 Enable existing restaurants to expand to
more locations through delivery-only
kitchens .
 Restaurant partners get access to a ready
kitchen infrastructure without the hassle of
rents or deposits,
 Hotel associations lock horns with food
delivery apps
 Hotels worried over losses cause by food
delivery apps due to huge discounts
offered by Swiggy, Zomato and UberEats .
 KHRA plans to launch its own food
delivery apps and stop accepting orders
for 10 days starting from Saturday.