# Swiggy

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/swiggy

- Industry: Internet
- Headquarters: Bangalore, India
- Website: www.swiggy.com
- Total disclosed funding: $3.3B
- Latest round: Series K (Feb 1, 2022)
- Investors on record: 35

## About

Based in Bengaluru, India and founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaiminiin, Swiggy Limited, is a food delivery platform that brings food from neighborhood restaurants directly to customers' doors. In November 2024, Swiggy Limited raised INR 50.8 billion in Pre-IPO funding from new investors ICICI Bank, HDFC Bank, Motilal Oswal Private Equity Advisors, Citadel LLC, Jane Street Capital, HSBC Bank, Allianz Global Investors, BNP Paribas, Nomura Holdings, Fidelity Investments, and BlackRock, with participation from returning investors SB Investment Advisers, 360 ONE, and Kotak Alternate Asset Managers. Other unspecified investors also participated in the round.

Swiggy Limited provides a full online convenience platform. Users can order and track food delivery in real time. Swiggy InstaMart also caters to grocery needs, including online ordering and delivery. Swiggy Genie provides pick-up and drop-off services for a range of products, including laundry, care packages, clothing, repairs, and papers, catering to both businesses and people. Swiggy launched Swiggy Access to further empower its restaurant partners. This plug-and-play technology enables restaurants to set up cloud kitchens by supplying them with pre-equipped kitchen facilities ("pods") in regions where they may not have a physical presence. Swiggy Access takes care of everything, from providing cooking space to coordinating order pickup and delivery.

## Funding rounds

- Series K, Feb 1, 2022, $629M — Invesco, Qatar Investment Authority, Kotak Alternate Asset Managers, Segantii Capital Management, Alpha Wave Global, Smile Group, 360 ONE, Prosus Ventures, Sixteenth Street Capital, Axis Asset Management Company, Baron Capital Management, ARK Impact Asset Management, Ghisallo Capital Management, Sumeru Ventures
- Series I, Jul 27, 2021, $451M — Accel, Wellington Management, Qatar Investment Authority, Carmignac Gestion, Goldman Sachs Asset Management, Alpha Wave Global, Think Investments, Amansa Capital, Prosus Ventures, SB Investment Advisers
- Series I, Apr 30, 2021, $358M — Accel, GIC, Qatar Investment Authority, Carmignac Gestion, Goldman Sachs Asset Management, Alpha Wave Global, Think Investments, Amansa Capital, Prosus Ventures
- Series I, Apr 16, 2021, $433M — Amansa Capital, Prosus Ventures
- Series I, Apr 3, 2020, $42M — Tencent Investment, Samsung Venture Investment, Korea Investment Partners, ARK Impact Asset Management, Mirae Asset Capital Markets
- Series I, Feb 26, 2020, $111M — Wellington Management, Meituan, Inc., Prosus Ventures
- Series H, Jan 11, 2019, $806M — Wellington Management, Coatue Management, Tencent Investment, DST Global, Hillhouse Investment, Meituan, Inc., Prosus Ventures
- Series G, Jul 5, 2018, $206M — Coatue Management, DST Global, Meituan, Inc., Prosus Ventures
- Series F, Jan 16, 2018, $101M — Meituan, Inc., Prosus Ventures
- Series E, Jun 15, 2017, $81M — Accel, Norwest Venture Partners, Bessemer Venture Partners, Harmony Partners, Elevation Capital, Prosus Ventures
- Series D, Sep 16, 2016, $15M — Accel, Norwest Venture Partners, Bessemer Venture Partners, Elevation Capital
- Series C, Apr 22, 2016, $7.1M — Accel, Norwest Venture Partners, DST Global
- Series C, Dec 31, 2015, $35M — Accel, Norwest Venture Partners, Harmony Partners, Elevation Capital, RB Investments
- Series B, Jun 5, 2015, $16M — Accel, Norwest Venture Partners, Elevation Capital
- Seed, Feb 6, 2015, $1.9M — Accel, Elevation Capital

## Investors

- Accel (https://capitalatlas.ai/funds/accel) — Seed, Series B, Series C, Series D, Series E, Series I
- Elevation Capital — Seed, Series B, Series C, Series D, Series E
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series B, Series C, Series D, Series E
- Harmony Partners (https://capitalatlas.ai/funds/harmony-partners) — Series C, Series E
- RB Investments (https://capitalatlas.ai/funds/rb-investments) — Series C
- DST Global (https://capitalatlas.ai/funds/dst-global) — Series C, Series G, Series H
- Bessemer Venture Partners (https://capitalatlas.ai/funds/bessemer-venture-partners) — Series D, Series E
- Prosus Ventures (https://capitalatlas.ai/funds/prosus-ventures) — Series E, Series F, Series G, Series H, Series I, Series K
- Meituan, Inc. — Series F, Series G, Series H, Series I
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series G, Series H
- Wellington Management (https://capitalatlas.ai/funds/wellington-management) — Series H, Series I
- Tencent Investment — Series H, Series I
- Hillhouse Investment (https://capitalatlas.ai/funds/hillhouse-investment) — Series H
- Samsung Venture Investment (https://capitalatlas.ai/funds/samsung-venture-investment) — Series I
- Korea Investment Partners (https://capitalatlas.ai/funds/korea-investment-partners) — Series I
- ARK Impact Asset Management — Series I, Series K
- Mirae Asset Capital Markets (https://capitalatlas.ai/funds/mirae-asset-capital-markets) — Series I
- Amansa Capital (https://capitalatlas.ai/funds/amansa-capital) — Series I
- GIC — Series I
- Qatar Investment Authority (https://capitalatlas.ai/funds/qatar-investment-authority) — Series I, Series K
- Carmignac Gestion (https://capitalatlas.ai/funds/carmignac-gestion) — Series I
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series I
- Alpha Wave Global (https://capitalatlas.ai/funds/alpha-wave-global) — Series I, Series K
- Think Investments — Series I
- SB Investment Advisers (https://capitalatlas.ai/funds/sb-investment-advisers) — Series I
- Invesco (https://capitalatlas.ai/funds/invesco) — Series K
- Kotak Alternate Asset Managers (https://capitalatlas.ai/funds/kotak-alternate-asset-managers) — Series K
- Segantii Capital Management — Series K
- Smile Group (https://capitalatlas.ai/funds/smile-group) — Series K
- 360 ONE (https://capitalatlas.ai/funds/360-one) — Series K
- Sixteenth Street Capital — Series K
- Axis Asset Management Company (https://capitalatlas.ai/funds/axis-asset-management-company) — Series K
- Baron Capital Management — Series K
- Ghisallo Capital Management — Series K
- Sumeru Ventures (https://capitalatlas.ai/funds/sumeru-ventures) — Series K