Swiggy is an online food delivery company founded in India. The online delivery platform was founded in the year 2014.
In 2013, founded as a courier and shipping company called Bundl founded by Sriharsha Majety and Nandan Reddy. In the year 2014, the company was rebranded into Swiggy with Rahul Jaimini as third co- founder.
Company brought its first investing of 2 million dollars investment from Accel and SAIF Partners in the year of 2015.
In 2017, it again raised 80 million dollars from Naspers. It also saw the company launch its own Cloud Kitchen and Swiggy Pop.
In the year, 2018 it received 100 million dollars investment. The company also launched its Swiggy Super, Swiggy Stores, Swiggy Go and Swiggy Daily.
In 2020, launched its own Swiggy Instamart, Swiggy Genie and Health Hub.
In the year 2021, the company raised 1.25 Billion Dollars from Softbank Vision Fund II and others at 5.5 billion dollars valuation .
And in the 2022, the company again raised which amounted to 700 million dollars at 10.7 billion dollars doubling its valuation.