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India Food Delivery Swiggy Files for India IPO to Raise $1.25 Billion with Last Valuation in 2022 at $10.7 Billion, Swiggy Investors Include Prosus, Softbank, Tencent, Meituan, Accel, Qatar Investment Authority, Singapore GIC, Invesco & HillHouse Capital

27th April 2024 | Hong Kong

India food delivery Swiggy has filed for India IPO to raise $1.25 billion, with last valuation in 2022 at $10.7 billion.  Swiggy investors include Prosus, Softbank, Tencent, Meituan, Accel, Qatar Investment Authority, Singapore GIC, Invesco & HillHouse Capital.  Swiggy is founded in 2014 and the co-founders are Sriharsha Majety, Nandan Reddy & Rahul Jaimini.   About Swiggy – Swiggy is India’s pioneering on-demand convenience platform, catering to millions of consumers each month. Founded in 2014, its mission is to elevate the quality of life for the urban consumer by offering unparalleled convenience. With an extensive footprint in food delivery, Swiggy Food collaborates with nearly 2 lakh restaurants across 600+ cities. Swiggy Instamart, its quick commerce platform operating in 25+ cities, delivers groceries and other essentials across 20+ categories in 10 minutes. Fueled by a commitment to innovation, Swiggy continually incubates and integrates new services like Swiggy Dineout and Swiggy Genie into its multi-service app. Leveraging cutting-edge technology and Swiggy One, the country’s only membership program offering benefits across food, quick commerce, dining out, and pick-up and drop services, Swiggy aims to provide a superior experience to its consumers.

“ India Food Delivery Swiggy Files for India IPO to Raise $1.25 Billion with Last Valuation in 2022 at $10.7 Billion, Swiggy Investors Include Prosus, Softbank, Tencent, Meituan, Accel, Qatar Investment Authority, Singapore GIC, Invesco & HillHouse Capital “

 



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India Food Delivery Swiggy Files for India IPO to Raise $1.25 Billion with Last Valuation in 2022 at $10.7 Billion, Swiggy Investors Include Prosus, Softbank, Tencent, Meituan, Accel, Qatar Investment Authority, Singapore GIC, Invesco & HillHouse Capital

Swiggy is India’s pioneering on-demand convenience platform, catering to millions of consumers each month. Founded in 2014, its mission is to elevate the quality of life for the urban consumer by offering unparalleled convenience. With an extensive footprint in food delivery, Swiggy Food collaborates with nearly 2 lakh restaurants across 600+ cities. Swiggy Instamart, its quick commerce platform operating in 25+ cities, delivers groceries and other essentials across 20+ categories in 10 minutes. Fueled by a commitment to innovation, Swiggy continually incubates and integrates new services like Swiggy Dineout and Swiggy Genie into its multi-service app. Leveraging cutting-edge technology and Swiggy One, the country’s only membership program offering benefits across food, quick commerce, dining out, and pick-up and drop services, Swiggy aims to provide a superior experience to its consumers.




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