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Swiggy financial statements pdf

Hot Deals: a v thomas 15,555.00 (3.70 %) adtech 29.10 (0.34 %) agarwal bolts 1,210.00 (0.75 %) amol minechem 620.00 (1.64 %) anand i-power 20.00 anglo french 370.00 (-2.37 %) apl metals 42.01 (0.02 %) arkfin investments 50.00 arohan 118.00 (-1.67 %) assam carbon 205.00 (-1.44 %) atlas copco 10,000.00 (1.01 %) auckland international 129.00
(-0.77 %) axles 171.00 (0.59 %) balmer lawrie 199.00 (1.02 %) bharat hotels 144.00 (-0.69 %) bima mandi 700.00 bira 600.00 (-2.44 %) boat 715.00 (-1.38 %) c & s electric 505.00 (1.00 %) cable corporation 15.00 capgemini 10,500.00 (-0.94 %) care health 150.00 (1.35 %) carrier aircon 260.00 (1.96 %) cial 163.00 (1.24 %) csfbl 378.00 (0.80 %) csk
157.00 (-1.88 %) dalmia refract 130.00 (4.00 %) dfm foods 467.00 dsp merrill lynch 1,000.00 east india pharma 48.00 (2.13 %) eaton fluid 440.00 (-2.22 %) electronica plastic 4,100.00 (-0.24 %) elgi ultra 400.00 elofic 1,900.00 (2.70 %) esl steel 32.00 (-3.03 %) fincare business 43.00 fincare sfbl 191.00 (0.53 %) finopaytech 119.00 (-0.83 %) flipkart
india 231,001.00 (0.00 %) frick india 3,500.00 (2.94 %) gkn drive 1,090.00 (-0.91 %) go digit general insurance ltd 354.00 (1.14 %) godavari bio 71.00 (1.43 %) hdb financial 640.00 (0.79 %) hdfc ergo 370.00 (1.70 %) hdfc securities 10,111.00 (2.13 %) hella india 400.00 (2.56 %) hero fincorp 1,000.00 (1.01 %) hexaware 515.00 (0.98 %) hicks 1,700.00
(-0.58 %) hira ferro 120.00 (-0.83 %) honeywell electrical 3,333.00 (-1.97 %) icex 0.10 (-0.10 %) incred financial 100.00 india carbon 945.00 (-0.53 %) india exposition 144.00 (-1.37 %) indian potash 1,390.00 (-0.71 %) indofil 710.00 (-2.34 %) infinite computer 405.00 (1.25 %) inkel 12.00 (-1.64 %) ixigo 88.00 (-1.12 %) jana sfbl 75.00 kel 530.00 (-1.85
%) kial 104.00 (-0.95 %) klm axiva 17.50 (-1.13 %) kurlon limited 310.00 (1.31 %) lava 97.00 (-5.83 %) manipal housing 72.50 (0.69 %) manjushree tech 930.00 (3.33 %) martin & harris 1,080.00 (-1.82 %) merino 2,530.00 (-0.78 %) minosha 282.00 (0.71 %) mitsubishi heavy 355.00 (1.43 %) mkcl 345.00 (1.47 %) mobikwik 360.00 (2.86 %) mohan
meakin 1,450.00 (3.57 %) mohfl 11.00 (3.77 %) msei 0.91 (-1.09 %) msil 55.00 (1.85 %) nayara energy 180.00 (2.86 %) nayara energy ncd 255.00 (-1.92 %) ncdex 275.00 ncl buildtek 215.00 (2.38 %) ncl holdings 60.00 (3.45 %) nse 3,100.00 (-0.80 %) orbis financial 82.00 (2.50 %) oswal minerals 65.00 (1.56 %) otis 3,500.00 (-2.78 %) oyo 64.00 (-1.54
%) panasonic appliances 295.00 (0.68 %) panasonic avc 29.10 (0.34 %) paymate india 530.00 (-1.85 %) pharmeasy 22.00 (-2.22 %) philips 980.00 (0.10 %) philips domestic 550.00 (0.92 %) pnb metlife 70.00 proyuga adtech 25.00 purity flexpack 20.00 ramaraju surgical 320.00 (3.23 %) rasoi 31,500.00 (0.32 %) reliance gic 340.00 resins plastics 420.00
(2.44 %) ring plus 404.00 (-0.25 %) rrl 2,450.00 (2.08 %) sab miller 305.00 (0.66 %) sbi amc 900.00 (-1.10 %) scottish assam 443.00 (-1.56 %) shriram life 261.00 (0.38 %) sigachi lab 39.00 (-2.74 %) signify 1,300.00 (4.00 %) simpson & company 1,000,000.00 smile micro 52.00 (-1.89 %) sportskeeda 3,303.00 sterlite power 470.00 (2.17 %) studds
790.00 (-1.25 %) svsml 430.00 (-2.27 %) swiggy 361.00 (0.28 %) t stanes 750.00 (2.74 %) tata capital 175.00 (2.94 %) tata tech 855.00 (0.59 %) teesta agro 81.00 (1.25 %) trl krosaki 1,255.00 (0.40 %) utkarsh core 135.00 (-1.46 %) vikram solar 350.00 (2.94 %) Swiggy, India’s top food delivery startup, has raised $700 million in a new financing round,
just six months after securing $1.25 billion, as it aggressively expands its offerings, including the instant-delivery service in the South Asian market. Invesco led the Bengaluru-headquartered startup’s Series K round, which according to a source familiar with the matter values the seven-year-old startup at $10.7 billion. Swiggy was valued at $5.5
billion in July last year. At a $10.7 billion valuation, Swiggy has surpassed the valuation of its 13-year-old chief rival Zomato, which went public last year and whose market cap has shrunk to less than $10 billion. New investors Baron Capital Group, Sumeru Venture, IIFL AMC Late Stake Tech Fund, Kotak, Axis Growth, Sixteenth Street Capital,
Ghisallo, Smile Group and Segantii Capital as well as existing backers including Prosus Ventures, Alpha Wave Global, Qatar Investment Authority and ARK Impact also invested in the new round. TechCrunch reported in late September that Invesco was in talks to lead an investment of over $500 million in Swiggy. The new funding follows a strong
year of growth for Swiggy in which the startup nearly doubled its food delivery business’ gross order value, it said. oxo meat thermometer manual Instamart, Swiggy’s instant delivery service, is set to reach an annual GMV run rate of $1 billion in the next three quarters, the startup said. Instamart has become one of the major focus areas for Swiggy
in the past year and a half. 45575681059.pdf The startup, which operates in more than 500 Indian cities, said last year that it plans to invest $700 million to scale Instamart’s offerings and reach. The quick delivery space, which has made inroads in several markets in recent years, is becoming competitive in India, too. Y Combinator Continuity Fund
led the Mumbai-headquartered 10-minute-delivery service Zepto’s $100 million funding late last year. Zomato-backed BlinkIt (formerly known as Grofers), which like Swiggy is also backed by SoftBank, pivoted to instant delivery space last year. “As long-term investors, the Invesco Developing Markets fund seeks investment opportunities in the best
companies in the world, led by world-class management teams, and that have the potential for long-term structural growth,” Justin Leverenz, chief investment officer at Invesco Developing Markets Fund, said in a statement. “Our investment in Swiggy represents such an investment.” Sriharsha Majety, co-founder and chief executive of Swiggy, said
Instamart has reached a GMV in just 17 months what it took the core food delivery business 40 months to deliver. “Our goal is to make Swiggy the platform that 100 million consumers can use 15 times a month.
We will continue to invest in our people, products, and partners to create a positive impact on the ecosystem and accelerate the digital transformation in food and grocery delivery and other on-demand services,” he added. At stake is India’s food services market, which is expected to reach $97 billion by March of 2026, analysts at Bernstein wrote in a
report to clients last year.

“India food services market is large and expected to reach $97 billion by FY25. Organized food service is growing faster and expected to reach 55% market share by FY25. We expect online penetration to expand to 20% by FY25 and market size to reach $20 billion growing at 46% CAGR. Significant part of the growth will be driven by new customer
acquisition and penetration into smaller markets. Zomato had 10 million monthly transacting users (MTU) in FY20, expected to increase 5x by FY25 to ~50 million,” they wrote. Amazon, a third player, has also entered the food delivery space in India in recent years, but, as a Zomato executive mentioned in a public forum last year, the American e-
commerce group has yet to make inroads in this category.

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