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.
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Daily Capsule
Swiggy launches new app; Women dealing with cancer
Team YS | March 20, 2025
Swiggy has built B2B app Assure for restaurants to source supplies. Women with cancer navigate economic hardships, stigma, and often endure treatment alone.
FoodTech
Swiggy launches Assure, a B2B app for restaurants to source supplies
Akshita Toshniwal | March 19, 2025
Swiggy’s new app puts it in direct competition with rival Zomato’s B2B restaurant supplies business Hyperpure.
FoodTech
Swiggy Instamart expands to 100 cities as demand grows in Tier II and III markets
Sai Keerthi | March 17, 2025
The move comes as Swiggy Instamart looks to capitalise on the cricket and festive season by expanding its dark store network.