Swiggy joined the Unicorn Club on June 20, 2018 after raising a $210 million Series G funding round, reaching a $1.26 billion valuation. Founded in 2014, the company is headquartered in Bengaluru, Karnataka, India. Swiggy operates a platform for food and grocery delivery, dine-out bookings, and restaurant deals, connecting consumers, restaurants, and delivery personnel.
The platform integrates technology for real-time order tracking, multiple payment options, subscription services, and provides services through its mobile application and website.
Keep reading to learn how Swiggy became a leading food tech unicorn.
What Is Swiggy and What Does It Do?
Swiggy is a food technology and online grocery platform enabling users to order meals, groceries, and access restaurant deals. Its platform connects consumers with restaurants and delivery partners.
Swiggy provides real-time order tracking, multiple payment options, subscription services, and dine-out booking capabilities. The platform leverages technology to optimize delivery logistics, improve customer experience, and streamline operations for restaurants.
How Much Funding Has Swiggy Raised?
1. Seed Round
- Amount Raised: $1 million
- Date: 2014
- Lead Investors: Accel Partners
- Purpose: Launch food delivery platform and initial operations
2. Series A Round
- Amount Raised: $10 million
- Date: 2015
- Lead Investors: Norwest Venture Partners
- Purpose: Scale delivery operations and expand technology infrastructure
3. Series B Round
- Amount Raised: $35 million
- Date: 2016
- Lead Investors: Bessemer Venture Partners
- Purpose: Expand service coverage and onboard more restaurants
4. Series C Round
- Amount Raised: $80 million
- Date: 2016
- Lead Investors: DST Global
- Purpose: Strengthen logistics capabilities and technology platform
5. Series D Round
- Amount Raised: $100 million
- Date: 2017
- Lead Investors: Naspers
- Purpose: Enhance delivery operations and expand geographic presence
6. Series E Round
- Amount Raised: $150 million
- Date: 2017
- Lead Investors: Meituan Dianping
- Purpose: Scale food delivery network and improve technology systems
7. Series F Round
- Amount Raised: $180 million
- Date: 2018
- Lead Investors: Wellington Management
- Purpose: Expand grocery delivery services and technology capabilities
8. Series G Round
- Amount Raised: $210 million
- Date: June 2018
- Valuation: $1.26 billion
- Lead Investors: DST Global, Naspers
- Purpose: Scale nationwide operations and enhance technology platform
9. Series H to Series J Rounds
- Amount Raised: $2.62 billion
- Date: 2019–2023
- Purpose: Expand food and grocery delivery network, scale operations, and invest in technology
10. Series K Round
- Amount Raised: $83.5K
- Date: October 2024
- Purpose: Selective operational scaling and platform enhancements
Total Funding Raised: $3.62 billion Latest Funding Date: October 2024 Employee Count: 5,263 as of August 2025
Key Investors
- Wellington Management
- Details: Global investment firm
- Focus Areas: Technology, consumer internet, and high growth platforms
- GIC
- Details: Singapore sovereign wealth fund
- Focus Areas: Growth stage technology, food tech, and online marketplaces
Where Is Swiggy’s Headquarters?
Swiggy is headquartered in Bengaluru, Karnataka, India, serving as the central hub for its leadership, technology, logistics, and delivery operations.
What’s Next for Swiggy?
Swiggy plans to expand its food and grocery delivery network, enhance logistics technology, and scale subscription services. The company continues to invest in customer experience, restaurant partnerships, and operational efficiency to maintain leadership in India’s food tech market.
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