Professional Documents
Culture Documents
Business Model & VC FUNDING - SWIGGY - RITIKA SHARMA
Business Model & VC FUNDING - SWIGGY - RITIKA SHARMA
Presented By:
RITIKA SHARMA
1910120028
Swiggy is India's largest and highest-valued online food ordering and delivery
platform
Founded: Aug 2014
Founder(s): Nandan Reddy, Sriharsha Majety & Rahul Jaimini
INTRODUCTION Headquarters: Bangalore, India
Areas served: 300+ cities across India
Services Offered: Restaurant search & online ordering
Revenue: ₹875 crore (US$120 million) (November 2019)
Key Milestones:
Swiggy crossed milestone of 1Lakh active delivery partners (2018)
Swiggy surpassed 2020 target, delivered over 500 million orders a year
(2019)
‘Jumpstart Package’ launched to assist restaurants with resuming
operations (2020)
BUSINESS MODEL
Ref: https://bstrategyhub.com/swiggy-business-model-how-does-swiggy-make-money/
VC Funding