“Always Let People Do Their Job”

“It’s hard to let go when you are still young. We managed to do really well in hiring the first core team, and that is the most critical part of our story.”

- Anshul Dhamija

Company Bundl Technologies Pvt. Ltd.

Business Food technology

Incorporated 2014

Funding till date $2.67 billion

Scale of business

1,50,000 No. of restaurant partners and stores across 500 cities

2 Lakh No. of delivery executives; over 5,000 employees

1.5 million No. of orders serviced per day

Next what?

Double down on food delivery business, grow inorganically

Invest in businesses like instant grocery delivery, pick-up and drop service, etc

FOOD DELIVERY is not a glamorous business, it’s about doing things right, every day. Bengaluru-based food tech firm Swiggy has done just that. After raising $1.25 billion in funding in July in a round led by SoftBank, the seven-year-old firm plans to double down on its core business of food delivery, grow inorganically, and invest aggressively in newer businesses. Over the past year, Swiggy has diversified into pick-up-and-drop service, Swiggy Genie, and the e-grocery delivery segment with its Instamart offering. It also operates a subscription-based grocery delivery service, SuprDaily. Founded by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini (who left the company last year), Swiggy began operations in Bengaluru’s upscale neighborhood of Koramangala with around six delivery executives and 25 restaurants on its platform. Today, it connects Indian consumers to over 1,50,000 restaurant partners and stores across 500 cities.

The Idea!