🚀7M+ Post Impressio... • 1y
Swiggy: India's Food Delivery Giant Founded in 2014, Swiggy's tech-driven food delivery platform has transformed the Indian market. Key Stats: 150M+ users 500+ cities 200K+ delivery partners Business Model: Swiggy connects customers, restaurants, and delivery partners. Revenue comes from commissions, advertising, and subscriptions (Swiggy Super). Financials (approx.): FY18: Revenue-$150M FY19: Revenue-$340M FY20: Revenue-$750M FY21: Revenue-$1.3B FY22: Revenue-$1.7B, Losses-$550M Valuation: $10.7B (2021) Challenges: Achieving consistent profits Intense competition (Zomato, etc.) Evolving regulations Outlook: Swiggy focuses on: Reaching smaller cities Diversifying into groceries (Instamart) and courier services (Genie) Conclusion: Swiggy's success showcases India's startup potential. While facing challenges, its ambition and funding position it well for continued growth within the country's expanding e-commerce sector.
Learning | Earning • 1y
Game Changing Growths of India [ PART 1 ] In 2014, an e-commerce website called Bundl was rebranded as "SWIGGY" to enter the food delivery market and in August 2014. In 2015, Swiggy recieved $2 million investment from Accel and SAIF Partners with a
See MoreBuilding xces • 4m
UPDATE We spoke with delivery partners currently working with Zomato and Swiggy to understand their earnings. After explaining our payout structure, we discovered they could potentially earn 30-46% more with XCES. This significant increase in monthl
See MoreFinding my self 😶�... • 6m
🤯Swiggy has🚀 launched Snacc, a standalone app aimed at delivering snacks, beverages, and quick meals within 10 to 15 minutes. Currently operational in select neighborhoods of Bengaluru, Snacc features a menu that includes items like Indian breakf
See MoreEntrepreneur | Build... • 4m
XCES UPDATE We spoke with delivery partners currently working with Zomato and Swiggy to understand their earnings. After explaining our payout structure, we discovered they could potentially earn 30-46% more with XCES. This significant increase in
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