Financials

Estimates*

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Revenues, earnings & profits over time
INR20172018
Revenues13.3m44.2m
% growth-232 %
Profit(20.5m)(39.7m)
% profit margin(154 %)(90 %)

Source: Dealroom estimates

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DateInvestorsAmountRound
-

N/A

-

$2.0m

Series A

$16.5m

Series B

$35.0m

Series C

$7.0m

Series C

$15.0m

Series D

$5.0m

Debt

$80.0m

Series E
*

$100m

Series F
*

$210m

Valuation: $1.3b

7197.5x EV/LTM Revenues

Series G

$1.0b

Valuation: $3.3b

18270.7x EV/LTM Revenues

Series H
*

$113m

Valuation: $3.6b

SERIES I

$800m

Valuation: $5.0b

Late VC

$1.3b

Valuation: $5.5b

Late VC
*

$700m

Valuation: $10.7b

Late VC

N/A

-
*
N/A

N/A

Secondary
Total Funding€3.9b

Recent News about Swiggy

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More about Swiggyinfo icon
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Swiggy is a leading food delivery platform in India, connecting customers with a wide range of local restaurants and eateries. Operating in major cities such as Hyderabad, Bangalore, Mumbai, Delhi, Gurgaon, Kolkata, Pune, Chennai, Ahmedabad, Chandigarh, and Jaipur, Swiggy serves a diverse clientele ranging from busy professionals to families seeking convenient meal options. The company leverages a robust network of Pick up and Delivery Partners (PDPs) who ensure timely and efficient delivery of orders.

Swiggy's business model is based on a commission structure, where it earns a percentage of each transaction made through its platform. Additionally, it offers subscription services like Swiggy Super, which provides benefits such as free deliveries and exclusive discounts. The company also generates revenue through advertising and promotional partnerships with restaurants.

Swiggy's market is highly competitive, with key players like Zomato and Uber Eats. However, Swiggy differentiates itself through its focus on customer experience, offering features such as real-time order tracking, multiple payment options, and 24/7 customer support. The company also invests heavily in technology and logistics to optimize delivery times and expand its service offerings.

Keywords: food delivery, local restaurants, India, Pick up and Delivery Partners, commission structure, subscription services, customer experience, real-time tracking, competitive market, technology investment.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.

Investments by Swiggy

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Dineout
ACQUISITION by Swiggy May 2022
Supr Daily
ACQUISITION by Swiggy Sep 2018
LYNK Logistics
ACQUISITION by Swiggy Jul 2023
48East
ACQUISITION by Swiggy Dec 2017
Scootsy
ACQUISITION by Swiggy Aug 2018
Kint.io
ACQUISITION by Swiggy Feb 2019