Swiggy is a Bengaluru-headquartered food delivery startup founded in 2014 by Sriharsha Majety, Rahul Jaimini, and Nandan Reddy.
Founders: Sriharsha Majety, Rahul Jaimini, Nandan Reddy
Founded Date: 2014
Headquarter: Bengaluru, India
Number of Employees: 15,000+
Crunchbase Profile: Profile Link
Swiggy Revenue Statistics (2022)
In May 2022, Swiggy announced that it is acquiring Dineout, a popular dining out and restaurant tech platform, for $200 million. (Techcrunch)
In January 2022, Swiggy raised $700 million at a $10.7 billion valuation. (Techcrunch)
Swiggy’s Instamart grocery service is set to reach an annualized gross merchandise value run rate of $1 billion in the next three quarters of 2022.
Swiggy revenue grew 2.8 times between June 2020 and June 2021, according to investor SoftBank.
In 2021, Swiggy nearly doubled its food delivery business’ gross order value.
According to Prosus, Swiggy revenue from food delivery grew by 56% year-on-year in the April-September period in 2021, up 91% from May 2020.
As of 2022, Swiggy operates in more than 500 cities in India.
Swiggy Usage Statistics (2022)
As of August 2021, Swiggy has 20 million monthly active users.
As of August 2021, Swiggy is the second most popular food delivery app in India. (Statista)
As of January 2022, Swiggy has 185,000 restaurant partners in India.
On New Year’s Eve 2021, Swiggy delivered 9,049 orders per minute. In 2021, 1.59 million orders were delivered per day on the food delivery platform.