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 November 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

$4.1B

8 rounds

Last Private Valuation

$10.7B

January 24, 2022

Funding

Total raised $4.1B across 8 rounds

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

Last updated 06-25-2026

Latest Round

Type

IPO

Date

November 13, 2024

Amount

$1.34B

Valuation

$11.3B

Lead Investors

KotakJPMorganCitiAvendusICICI Securities
DateRoundAmount RaisedValuationLead Investors
November 13, 2024 IPO $1.34B $11.3B Kotak, JPMorgan, Citi +2 more
January 24, 2022 Series K $700M $10.7B Invesco
April 2021 Series I $800M $5.5B SoftBank Vision Fund 2, Prosus

Funding by Round

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

Valuation Trajectory

Valuation indexed to 1.0× at the selected entry round. Valuation marks are estimates and may contain errors. Hover each dot to compare.

If you invested at:
1x 2x 5x 10x IPO 2020 2022 2024 Swiggy

Entry · Series F

$1.3B

Jun 2018

Swiggy today

$11.3B

Nov 2024 · latest mark

Swiggy multiple

8.7x

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

  • Nandan Reddy

    Co-founder

  • Phani Kishan Addepalli

    Co-founder

  • Rahul Jaimini

    Co-founder

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 November 13, 2024.

Swiggy trades under the ticker symbol NSE:SWIGGY on the NSE. It began trading in November 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 November 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 $4.1B across 8 disclosed funding rounds prior to its public listing.

Swiggy was co-founded by Sriharsha Majety, Nandan Reddy, Phani Kishan Addepalli, and 1 others in 2014.

Swiggy is headquartered in Bangalore, India.

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