Swiggy is a food delivery platform founded in 2014 in Bangalore, Karnataka, India. The company's slogan "Effortless food delivery and more, right to your doorstep" encapsulates its core offering. Swiggy's services extend beyond food delivery, encompassing varied requirements such as laundry, document, or parcel deliveries for both business and retail customers. The platform's user-friendly app lists local restaurants with menus, streamlining the order placement and real-time delivery tracking. Notably, Swiggy raised a substantial $700.00M Series J investment on 24 January 2022, with participation from a diverse group of investors including Qatar Investment Authority, Alpha Wave Global, Ark Impact, Hedonova, Prosus Ventures, Sumeru Equity Partners, Segantii Capital Management, Kotak Mutual Fund, Axis Growth Avenues AIF - I, and Ghisallo Partners. Swiggy's ability to evolve beyond traditional food delivery has attracted significant interest from a wide range of investors, positioning the company as a prominent player in the food and beverage industry.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series J | $700.00M | 10 | Sixteenth Street Capital, Ghisallo Partners | 24 Jan 2022 |
Series J | $450.00M | 1 | 12 Jul 2021 | |
Series J | $800.00M | 10 | 05 Apr 2021 | |
Series I | $43.00M | 5 | Tencent | 06 Apr 2020 |
Series I | $113.00M | 3 | Meituan | 19 Feb 2020 |
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