Read this research to get complete analysis about Swiggy Unlisted shares.
- Swiggy IPO Details
- Swiggy Upcoming IPO Details
- Expected IPO Date
- Swiggy Business Model
- Key Ratios
- Peer Comparisons
- Complete financial reports (Profit and Loss Statements, Balance Sheets, Results, Growth, Valuations, Funding Rounds)
- Latest Swiggy news (Articles and Videos)
- Upcoming and Past Events Details
- Rating and recommendations for the Company's shares (Whether to Buy/Sell/Hold)
- Share Price (Latest market stocks to buy)
Profit After Tax
Cashflow - Operations
Cashflow - Financing
Compounded Sales Growth
Compounded Profit Growth
Return On Equity
Swiggy is an Indian online food ordering and delivery platform. Swiggy started its operations in Bangalore and today operates in more than 500 Indian cities.
Swiggy does business under the following segments:-
Founded in July 2013, in Bangalore, by its parent Bundl Technologies, Swiggy today has more than 1.5 lakh Restaurant Partners Countrywide and more than 2.6 lakh delivery executives on its platform.
The IPO of Swiggy is likely to come by the end of FY23.
|Funded By||Funding Amount||Date of Investment||Funding Round||Fund Name|
|MIH India Food Holdings BV,Ghisallo Master Fund LP,Dovetail Global Fund PCC,Lathe Investment Pte. Ltd.,Time Capital Foodtech Advisors LP||₹ 486.20 Cr||18 Feb 2022||Series K2||Fund|
|OFI Global China Fund,Alpha Wave Ventures II LP,Baron Emerging Markets Fund,Kotak Preipo Opportunities Fund,Sixteenth Street Asian Gems Fund,Axis Growth Avenue Aif,INQ Holding LLC,IIFL Special Opportunities Fund Series 8,Segantii India Mauritius,IIFL Monopolistic Market Intermediaries Fund,Motilal Oswal,Invesco Emerging Markets Equity Trust,Navin Agarwal,Invesco Emerging Markets Equity Fund, LP||₹ 4209.60 Cr||02 Jan 2022||Series K||Fund|
|Svf II Songbird DE LLC,MIH India Food Holdings BV,INQ Holding LLC,Alpha Wave Ventures II LP,Accel Leaders 3 Holdings (Mauritius) Ltd,Lathe Investment Pte. Ltd.,Amansa Investment Ltd,Cgh Amsia Sarl,Goldman Sachs Asia Stratagic Pte Ltd,TIMF Holdings,Think India Oportunities Master Fund,Hadley Harbor Master Investors (Cayman) II LP||₹ 9210.10 Cr||16 Apr 2021||Series J||Fund|
|Tencent Cloud Europe BV,Ark India Food-Tech Private Investment Trust,KIP Re-UP Fund,SVIC No 38 New Technology Business Investment LLP,SVIC No 45 New Technology Business Investment LLP,MACM India Growth Fund,SVIC No 34 New Technology Business Investment LLP,Ark India Innovation Capital Private Investment Trust||₹ 320.50 Cr||04 Mar 2020||Series I2||Fund|
|MIH India Food Holdings BV,Inspired Elite Investment Limited,Hadley Harbor Master Investors (Cayman) II LP||₹ 804.70 Cr||26 Feb 2020||Series I||Fund|
|MIH India Food Holdings BV,Tencent Cloud Europe BV,HH BTPL Holdings II Pte Ltd,Inspired Elite Investment Limited,DST Investments Asia I Ltd,Hadley Harbor Master Investors (Cayman) II LP,Coatue PE Asia XI LLC,DST EuroAsia V BV||₹ 5731.20 Cr||11 Jan 2019||Series H||Fund|
|MIH India Food Holdings BV,DST EuroAsia V BV,Coatue PE Asia XI LLC,Inspired Elite Investment Limited||₹ 1417.50 Cr||05 Jul 2018||Series G||Fund|
|MIH India Food Holdings BV,Inspired Elite Investment Limited||₹ 641 Cr||16 Jan 2018||Series F||Fund|
|Naspers Ventures BV,Saif Partner India V Limited,Accel India IV Mauritius Ltd,Norwest Venture Partners VIIA Mauritius,Bessemer India Capital Holdings II Limited,Harmony Partners Mauritius Ltd||₹ 520 Cr||15 Jun 2017||Series E||Fund|
|Bessemer India Capital Holdings II Limited,Saif Partner India V Limited,Accel India IV Mauritius Ltd,Norwest Venture Partners VIIA Mauritius,Apoletto Asia Limited||₹ 100.10 Cr||16 Sep 2016||Series D||Fund|
|Norwest Venture Partners VIIA Mauritius,Apoletto Asia Limited,Accel India IV Mauritius Ltd||₹ 47.30 Cr||22 Apr 2016||Series C2||Fund|
|Saif Partner India V Limited,Accel India IV Mauritius Ltd,Norwest Venture Partners VIIA Mauritius,Harmony Partners Mauritius Ltd,RB Investments PTE LTD,Apoletto Asia Limited||₹ 230.30 Cr||31 Dec 2015||Series C||Fund|
|Norwest Venture Partners VIIA Mauritius,Saif Partner India V Limited,Accel India IV Mauritius Ltd,Apoletto Asia Limited||₹ 101.60 Cr||05 Jun 2015||Series B||Fund|
|Accel India IV Mauritius Ltd||₹ 6 Cr||24 Apr 2015||Series A2||Fund|
|Saif Partner India IV Limited||₹ 6 Cr||06 Feb 2015||Series A||Fund|
1. Swiggy Food
5. Swiggy Bandworks
|Assets (FY21)||Value (In Rs Cr.)|
|Cash & Cash Equivalents||523.0|
|Bank Balance Other Than Cash Equivalents||246.0|
|Other Current Financial Assets||145.0|
Overview of Industry - Food Service: -
Food service is a large industry that deals with preparing and serving food outside the home. The revolution in the industry started building a whole ecosystem of integrated players, delivery providers being one of them which are dependent on the Food Service Industry. The food services market can be broken down into three broad segments: unorganized organized standalone and organized chain.
Food delivery players cater to all the three segments
Market Size & Growth of Food Service:-
The size of the food services market in India is estimated at Rs 4,236.0 bn in FY20 and is projected to grow at a CAGR of 10.5% over the next 5 years to reach ₹6,753.0 bn by FY2024.
Food Service Market Size (in Rs bn):-
Food Services Market Share (Segment Wise)
|Format||Market Share (Fiscal 2014)|
Market Share (Fiscal 2019)
|Market Share (Fiscal
Platform-to-Consumer Delivery market:-
The Platform-to-Consumer Delivery market segment focuses on online delivery services that provide customers with meals from partner restaurants that do not necessarily have to offer food delivery themselves. In this case, the platform (e.g. Swiggy) handles the delivery process.
The rise of food delivery providers:-
Market Size of Food Delivery Providers:-The online food delivery market was valued at over $10.2 bn in FY20 over 4.7 bn in FY16 growing at a CAGR of 21.0%.
|Age Group||Eating-out Frequency/Month||Ordering-in Frequency/Month||Average Spend per Outing (INR)||Average Spend per Order (INR)|
|% in value||2016||2017||2018||2019||2020||2021|
Key Drivers of Platform-to-Consumer Delivery Market: -
|Median Age (years)||27.9||37.4||38.1||34.6|
Zomato holds a market share of ~55.0% in food delivery market
Reg Office: No.55 Sy No.8-14, Ground Floor, I&J Block, Embassy , Tech Village, Outer Ring Road, Devarbisanahalli , Bengaluru , KARNATAKA , INDIA - 560103
Frequently Ask Questions