Swiggy

Bangalore, India Consumer & Retail Public

Swiggy is an Indian on-demand food delivery and quick commerce platform. Through its main Swiggy app, users can order food from restaurants, and through Instamart, a grocery and household goods delivery service with 30-minute delivery times. The company operates food delivery across 700+ Indian cities and quick commerce services in 100 cities using a dark store network and proprietary logistics platform.

Public Company

Swiggy is publicly traded

IPO'd on Nov 13, 2024

NSE:SWIGGY NSE

This company is no longer available on our private secondary market. Shares can be traded publicly under NSE:SWIGGY.

Overview

Company data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Founded

2014

Employees

4,488–5,263

Total Funding

$3.12B

13 rounds

Last Private Valuation

$10.7B

Jan 24, 2022

Secondary Signals (Note: SetterVC does not verify the accuracy of these)

1 signal
Leadership Change Recent 2026-04-10

Co-founder Nandan Reddy stepped down as whole-time director and head of innovation; expected to start own venture.

Founder exit; CEO Majety unchanged, limited price impact expected

Funding

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

Total raised $3.12B across 13 rounds

Last updated 10-11-2026

DateRoundAmount RaisedValuationLead Investors
Jan 24, 2022 Series K $700M $10.7B Invesco
Apr 2021 Series I $800M $5.5B SoftBank Vision Fund 2, Prosus
Apr 6, 2020 Series I Extension TechCrunch $43M $3.65B

Valuation Trajectory

Funding data and valuation marks are estimates and may be incomplete, stale, erroneous, or revised.

$100M $200M $500M $1B $2B $5B $10B 2018 2020 2022 Swiggy

Entry · Series C Extension

$130M

May 2016

Swiggy today

$10.7B

Jan 2022 · latest mark

Swiggy multiple

82.3x

valuation uplift since first round

Y-axis is logarithmic. Hollow dots = estimated valuations. Does not represent realized investor returns.

Leadership

  • Sriharsha Majety

    Co-founder and Chief Executive Officer

  • Phani Kishan Addepalli

    Co-founder, Chief Growth Officer and Executive Director

  • Rahul Bothra

    Group Chief Financial Officer and Executive Director

  • Rohit Kapoor

    CEO, Food Marketplace

  • Nandita Sinha

    CEO, Instamart

Competitors

Competitor list is illustrative and may be incomplete, stale, or erroneous.

  • Zomato

    India's largest food delivery platform with 60%+ market share, also operating Blinkit quick commerce service.

  • Dunzo

    Multi-service delivery platform in India offering food delivery, groceries, and pet supplies across multiple cities.

  • Magicpin

    Emerging third-largest food delivery platform in India leveraging ONDC (Open Network for Digital Commerce).

  • Zepto

    Indian quick commerce and grocery delivery platform operating dark stores with 10-15 minute delivery times.

  • Blinkit

    Quick commerce subsidiary of Zomato focusing on ultra-fast grocery and household goods delivery.

  • EatSure

    Indian food delivery platform providing services across select cities.

Swiggy Investment FAQ

Swiggy FAQ

Yes, Swiggy is publicly traded under the ticker symbol NSE:SWIGGY on the NSE. The company went public in Nov 13, 2024.

Swiggy trades under the ticker symbol NSE:SWIGGY on the NSE. It began trading in Nov 13, 2024.

Swiggy (NSE:SWIGGY on the NSE) shares can be purchased through any standard brokerage account — including Fidelity, Charles Schwab, TD Ameritrade, and online platforms like Robinhood or E*TRADE. Search for the ticker NSE:SWIGGY to place an order.

Swiggy went public in Nov 13, 2024 via ipo, with an offering valuation of approximately $10.7B. Swiggy completed its initial public offering on November 13, 2024, listing on NSE and BSE at a premium to its issue price of INR 390 per share. The IPO was oversubscribed 3.59 times, raising approximately $606M from institutional investors.

Swiggy raised $3.12B across 13 disclosed funding rounds prior to its public listing.

Swiggy was co-founded by Sriharsha Majety, and Phani Kishan Addepalli in 2014.

Swiggy is headquartered in Bangalore, India.

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