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AI and Data Analytics Yuvika2
AI and Data Analytics Yuvika2
Submitted to-
In fulfillment of DMDA
Submitted by,
Yuvika gupta
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Acknowledgement
I would like to express my special thanks of gratitude to the respected tutor Mr.
Varun Duggal, who gave me the golden opportunity to do this wonderful
assignment on topic- “Artificial Intelligence report on SWIGGY”, which also helped
me in doing a lot of research and i came to know about so many new things.
Secondly, I would also like to thank all my friends who helped a lot in finishing the
assignment.
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DECLARATION
I hereby declare that the assignment work entitled “Artificial Intelligence report
on SWIGGY”, submitted to “Pearl Academy, Delhi West” is my own hardwork and
no one has interfered in this. It has been carried out under the supervision of Mr.
Varun Duggal of Artificial intelligence and data analytics, school of business.
I also state that this assignment is not submitted elsewhere in part or full in
context of academic endeavour.
Course: DMDA
Signature:
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Index
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1. INTRODUCTION-
Swiggy is India's largest online food ordering and delivery platform,
founded in 2014. Swiggy is based in Bangalore, India, and as of March 2019,
was operating in 100 Indian cities. In early 2019, Swiggy expanded into
general product deliveries under the name Swiggy Stores. Swiggy can be
called a second entrepreneurial venture of co-founders Nandan Reddy and
Sriharsha Majety, first one being, Bundl. Both the co-founders ate alumni of
BITS, Pilani and after years of working and interning, they got together to
introduce their joint venture, Bundle which is a logistics aggregator that
joins together SMEs to Courier Service Providers. The business was doing
perfectly fine but the founders were not satisfied and realised that there is
a great unexplored potential in the food industry of India.
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The company has grown massively after the initial 25% month-on-month
growth. Now, the company has a major presence in every household, the
default name for anyone desiring to order food online. The company has
successfully expanded to over 13 Indian cities including metro cities like
Mumbai, Delhi, Hyderabad, Bangalore and Chennai. The company has a tie-
up with more than 8, 00,000 restaurants and is committed to serving
customers with a convenient ordering and delivery experience.
Harsha added that the blend not being completely offline and not being
completely online, gives them a competitive advantage in the industry and
it adds to the efficiency of operations.
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Almost 6 years in the industry and online food ordering and delivery
business, Swiggy has become the highest used online platform amongst its
competitors. The company has positioned itself above all other competitors
in the market and constant effort to deliver within the best time and
provide a great experience, the company has maintained its position at the
top. Swiggy is here for a long run and to make sure of their presence, they
have launched a bunch of features in the past few years like Swiggy Access,
Swiggy Schedule, Swiggy Pop and much more.
2. ARTIFICIAL INTELLIGENCE-
Artificial intelligence (AI) is the ability of a computer or a robot controlled
by a computer to do tasks that are usually done by humans because they
require human intelligence and discernment. Although there are no AIs
that can perform the wide variety of tasks an ordinary human can do, some
AIs can match humans in specific tasks.
The real challenge the company faced was Real time decisions or optimizing
the products. The major problem was when the customers are deciding
what to order, the delivery executives keep moving around and restaurants
get busy with their customers and orders. So, there was a need to find a
balance between these three.
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Faster Reordering: “Repeat” tags for preferred restaurants and
dishes, and a complete order history helps users reorder their
favorites with just a tap
Simpler Order Tracking: Live order tracking is one of the most loved
features of the Swiggy app. The app shares the expected time of
arrival (ETA) of the order in real-time
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company informed that it is a computer vision model based on deep
learning.
Swiggy uses different models to reduce financial risk by detecting and
preventing abuse (e.g. automatic suppression of Cash on Delivery
payment option for high risk users).
On the consumer side, we use AI to deliver a personalized discovery
experience to customers.
3. CONCLUSION-
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