Swiggy
Swiggy, an India-based startup established in 2014 in Bengaluru, when Sriharsha Majety and Nandan Reddy from BITS Pilani, introduced the concept of "Hyperlocal food delivery."
It ranks as one of India's top Unicorn startups. Currently, Swiggy operates in more than 500+ cities nationwide. It has partnered with fast-food giants like Burger King, Cafe Coffee Day, Goli Vada Pav, and many others to provide delivery services.
The platform allows customers to access a diverse range of restaurants from a centralised window, by connecting local diners with food enthusiasts. In January 2017, Swiggy initiated its cloud kitchen chain known as "The Bowl Company." In November 2017, the company ventured into a kitchen incubator business called Swiggy Access.
In early 2019, Swiggy extended its services to include general product deliveries through a new division named Swiggy Stores. This involved sourcing items from local stores to cater to customer demands.
In September 2019, Swiggy introduced the Swiggy Go service, enabling customers to make instant pickup and drop-off requests for document or parcel deliveries. Later, in April 2020, Swiggy rebranded this service as Swiggy Genie. And in August 2020, Swiggy launched InstaMart, a groceries delivery platform.
- Articles(2110)
- Videos(12)
Daily Capsule
In conversation with LEAD’s Sumeet Mehta; Culture Circle’s strategy for resale market
Team YS | February 22, 2025
LEAD Group CEO Sumeet Mehta makes a case for public-private partnerships to improve India’s K-12 education. Culture Circle is bridging a gap in India’s luxury resale market. Aaina Education aims to start a dialogue about marginalised communities navigating the complexities of educational spaces.
News
Swiggy to invest up to Rs 1,000 Cr in Scootsy amid heavy dark store expansion
Akshita Toshniwal | February 21, 2025
Swiggy's investment in Scootsy, which looks at company's dark store network, comes as competition in quick commerce heats up.
News
Startup news and updates: Daily roundup (February 18, 2025)
Saranya Chakrapani | February 18, 2025
YourStory presents the daily news roundup from the Indian startup ecosystem and beyond. Here's the roundup for Tuesday, February 18, 2025.
Daily Capsule
Ronnie Screwvala on edtech IPOs; Fashion for style-first consumers
Team YS | February 18, 2025
Ronnie Screwvala gives a reality check on the preparedness of edtech firms for an IPO. Cove & Lane is creating high quality styles that can be worn from day meetings to cocktail nights. ZenStatement is helping businesses handle financial operations with AI-powered solutions.
Interview
No edtech company is ready for an IPO today: Ronnie Screwvala
Ishan Patra | February 18, 2025
Seasoned entrepreneur and edtech industry veteran Ronnie Screwvala gives a no-holds-barred reality check on the preparedness of edtech firms for an IPO and the dangers of a premature listing.
Quiz
Health, AI, management: Test your business creativity with Edition 175 of our weekly quiz!
Madanmohan Rao | February 16, 2025
This insightful feature from YourStory tests and strengthens your business acumen! Here are 5 questions to kick off this 175th quiz. Ready?
Daily Capsule
Burning billions in the 10-min delivery game; Plans for faster drone adoption
Team YS | February 14, 2025
Swiggy and Zomato lose $12 billion from their market caps as surging quick commerce investments spook investors. ideaForge aims to foster wider adoption of drone services. Bengaluru’s Agara Lake becomes a hub for startup stakeholders to walk, network and sip on kaapi.