Swiggy

From WikiMD's Wellness Encyclopedia

Swiggy_logo

Swiggy is an Indian online food delivery platform that connects customers with local restaurants, allowing them to order food and have it delivered to their doorstep. Founded in 2014 by Nandan Reddy, Rahul Jaimini, and Sriharsha Majety, Swiggy has quickly become one of the largest and most popular food delivery services in India, operating in over 500 cities across the country[1].

Founding and Growth[edit | edit source]

  • Swiggy was founded in August 2014 by Nandan Reddy, Rahul Jaimini, and Sriharsha Majety, who saw an opportunity in the growing demand for convenient and fast food delivery in India[2]. The company initially started in Bengaluru, India, and has since expanded its operations across the country.
  • Swiggy has been successful in raising significant funding from investors, including Naspers, Tencent, and Meituan-Dianping, among others. The company has used these funds to expand its operations, invest in technology, and develop new products and services[3].

Services and Features[edit | edit source]

Swiggy provides a platform for customers to browse menus from local restaurants, place orders, and track their delivery in real-time. Some of the key features and services offered by Swiggy include:

  • Swiggy Pop: A curated menu of single-serve meals from popular restaurants, available at affordable prices and with no delivery fees[4].
  • Swiggy Super: A subscription-based service that offers customers unlimited free deliveries and exclusive discounts on orders[5].
  • Swiggy Instamart: A quick grocery delivery service that allows customers to order daily essentials and have them delivered within 30-60 minutes[6].
  • Swiggy has also introduced contactless delivery options and safety measures in response to the COVID-19 pandemic, ensuring the safety of both customers and delivery partners[7].

Competitors[edit | edit source]

Swiggy faces competition from other online food delivery platforms in India, such as Zomato, Foodpanda (acquired by Ola), and Dunzo. These companies have been competing fiercely for market share, offering attractive deals and discounts to customers to drive growth[8].

Acquisitions and Partnerships[edit | edit source]

Swiggy has made strategic acquisitions and partnerships to strengthen its position in the market and expand its offerings. Some notable acquisitions and partnerships include:

  • Acquisition of 48East: A Bengaluru-based gourmet food startup, which helped Swiggy expand its premium food offerings[9].
  • Acquisition of Scootsy: An on-demand delivery service in Mumbai, which expanded Swiggy's presence in the city and allowed it to offer faster delivery times[10].
  • Partnership with ICICI Bank: A collaboration to enable digital payments for Swiggy customers and provide them with cashback offers[11].

Social Impact[edit | edit source]

Swiggy has also made efforts to give back to the community through various initiatives, such as:

  • Swiggy Hunger Savior: A program that allows customers to donate meals to the underprivileged, with Swiggy matching each donation[12].
  • Swiggy Smiles: An initiative where Swiggy delivery partners can volunteer to teach children from low-income backgrounds in their free time[13].

See Also[edit | edit source]

References[edit | edit source]

  1. ↑ Swiggy expands to over 500 cities in India - TechCrunch
  2. ↑ Swiggy: From bootstrapped startup to food delivery major - LiveMint
  3. ↑ Swiggy raises $1 billion led by Naspers - Economic Times
  4. ↑ Swiggy launches single-serve meal delivery service Swiggy POP - MediaNama
  5. ↑ Swiggy launches membership programme 'Super' to offer free deliveries - Economic Times
  6. ↑ Swiggy Expands Instamart Quick Grocery Delivery Service To Gurgaon - Inc42
  7. ↑ Swiggy rolls out contactless delivery for orders paid online - LiveMint
  8. ↑ Zomato, Swiggy, Foodpanda, Uber Eats eye the Indian food tech pie - Business Today
  9. ↑ Swiggy acquires gourmet food startup 48East - Economic Times
  10. ↑ Swiggy acquires on-demand delivery platform Scootsy for $50 million - LiveMint
  11. ↑ ICICI Bank partners with Swiggy for UPI payments - MediaNama
  12. ↑ Swiggy Hunger Savior - Social App Hub
  13. ↑ Swiggy looks to bring a smile on its delivery partners' face with Swiggy Smiles - Moneycontrol
This article is a stub.

You can help WikiMD by registering to expand it.
Editing is available only to registered and verified users.
WikiMD is a comprehensive, free health & wellness encyclopedia.

WikiMD
Navigation: Wellness - Encyclopedia - Health topics - Disease Index‏‎ - Drugs - World Directory - Gray's Anatomy - Keto diet - Recipes

Search WikiMD

Ad.Tired of being Overweight? Try W8MD's physician weight loss program.
Semaglutide (Ozempic / Wegovy and Tirzepatide (Mounjaro / Zepbound) available.
Advertise on WikiMD

WikiMD's Wellness Encyclopedia

Let Food Be Thy Medicine
Medicine Thy Food - Hippocrates

Medical Disclaimer: WikiMD is not a substitute for professional medical advice. The information on WikiMD is provided as an information resource only, may be incorrect, outdated or misleading, and is not to be used or relied on for any diagnostic or treatment purposes. Please consult your health care provider before making any healthcare decisions or for guidance about a specific medical condition. WikiMD expressly disclaims responsibility, and shall have no liability, for any damages, loss, injury, or liability whatsoever suffered as a result of your reliance on the information contained in this site. By visiting this site you agree to the foregoing terms and conditions, which may from time to time be changed or supplemented by WikiMD. If you do not agree to the foregoing terms and conditions, you should not enter or use this site. See full disclaimer.
Credits:Most images are courtesy of Wikimedia commons, and templates Wikipedia, licensed under CC BY SA or similar.

Retrieved from "https://wikimd.com/w/index.php?title=Swiggy&oldid=4958340"

Contributors: Prab R. Tumpati, MD