Top 50 largest unicorn companies in the world (P.39) Swiggy: One of leaing Indian online food ordering and delivery platforms

07-03-2022

(WorldKings.org) As of February 2022, Swiggy's valuation is $10.7 billion.

Swiggy is an Indian online food ordering and delivery platform.  Swiggy is based in Bangalore, and operates in 500 Indian cities, as of September 2021. It is operated by Bundl Technologies Private Limited.


Apart from food delivery, Swiggy also provides on-demand grocery deliveries under the name Instamart and an instant package delivery service called Swiggy Genie.

In 2013, the two founders, Sriharsha Majety and Nandan Reddy, designed an e-commerce website called Bundl to facilitate courier service and shipping within India. Bundl was halted and was rebranded to enter the food delivery market.

In early 2019, Swiggy expanded into general product deliveries under the name Swiggy Stores, sourcing items from local stores. In August 2020, the company launched its instant grocery delivery service called Instamart using a network of dark stores. In early 2021, Swiggy closed Swiggy Stores and expanded its operations under Instamart.

As of February 2022, Swiggy's valuation is $10.7 billion.


According to wikipedia


Brian (Collect & Edit) - WORLDKINGS (Source of photos : internet )

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