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Swiggy

660

On-demand convenience and food delivery platform

Foodtech
Food Delivery
Active

Founded

2014

Team Size

6000

Total Funding

₹3,870 Cr

Valuation

₹93.8K Cr

About

Swiggy is India's leading on-demand delivery platform with presence across 580+ cities. The company offers food delivery, grocery delivery, and courier services.

Unique Selling Proposition

Core Differentiator

Hyperlocal delivery infrastructure with end-to-end owned fleet providing fastest delivery times and highest reliability across multiple verticals

Target Market

Urban middle-class consumers across tier 1, 2, and 3 cities seeking convenience

Key Innovation

Proprietary logistics algorithm optimizing rider allocation and route efficiency at scale

Competitive Moats
🌐Network Effects
Strong

Dense restaurant and customer network creates liquidity advantage with 580+ city presence enabling faster deliveries and better unit economics

Brand
Strong

Top-of-mind recall for food delivery in India with significant brand equity built through consistent service quality and marketing

🧠Data/AI Moat
Medium

Massive delivery data powering demand prediction, dynamic pricing, and operational optimization across millions of orders

💰Cost Advantage
Medium

Scale-driven procurement advantages and fleet utilization efficiency creating cost leadership

Funding Snapshot
Free preview

₹1,270 Cr

Total Raised

2

Rounds

PE

Latest · Feb 11, 2026

Backed by

Invesco
Qatar Investment Authority

Unlock the full funding history below — every round's amount, valuation & investors.

Full Funding History

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Funding History

Series J

2022-01-25

₹1,200 Cr

Investors

Invesco
Qatar Investment Authority

PE

Feb 11, 2026

₹70 Cr

Details

Location

Bengaluru, Karnataka

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Financial Metrics

Annual Revenue

₹5,500 Cr

Growth Rate

75.8%

Funding Rounds

2

VedAI Score
660/1000
Developing