Swiggy Unlisted Share Price Today

Swiggy Unlisted Shares – Company Overview   

Swiggy is an Indian food delivery company that was founded in 2014 by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini in Bengaluru, India. The company started as a food ordering and delivery platform that partnered with local restaurants to deliver food to customers. Over the years, Swiggy has expanded its services to include cloud kitchens, grocery delivery, and hyperlocal deliveries.

In 2015, Swiggy raised $2 million in seed funding from Accel Partners and SAIF Partners, which was followed by several rounds of funding from investors such as Naspers, Tencent, and DST Global. As of 2022, Swiggy has raised over $1.6 billion in funding and is valued at $10.6 billion.

In addition to food delivery, Swiggy also offers grocery delivery services through its Swiggy Instamart. Swiggy has also launched a hyperlocal delivery service called Swiggy Genie, which allows customers to order and deliver items such as documents, laundry, and even pet supplies.

Overall, Swiggy has become one of the leading food delivery companies in India, with a presence in over 500 cities and a fleet of over 200,000 delivery partners. The company's focus on innovation and customer service has helped it stay ahead of its competitors and establish a strong brand in the Indian market. 

Swiggy Unlisted Share Details as of March 31, 2024

Swiggy Incorporation Details 

Swiggy Principal Business Activities 

Swiggy Board of Directors

Sriharsha Majety, Director

Lakshmi Narayan Reddy Obul, Director

Anand Daniel, Nominee Director

Ashutosh Sharma, Nominee Director

Lawrance Charles IIIg, Nominee Director

Sumer Juneja, Nominee Director

Swiggy Particulars of Subsidiary and Associate Companies 

Industry Outlook of Swiggy

Swiggy, the Indian food delivery giant, has a positive industry outlook with significant growth potential. The online food delivery market in India is expected to grow rapidly, driven by increasing smartphone penetration, rising disposable incomes, and changing consumer habits.

Swiggy has been expanding its operations by entering into new cities and launching new services such as Swiggy Genie for hyperlocal deliveries and Swiggy Instamart for grocery deliveries. The company has also been investing in technology and artificial intelligence to improve its delivery efficiency and provide a better customer experience.

While the COVID-19 pandemic initially had a negative impact on the food delivery industry, Swiggy has been able to adapt to the changing landscape and has seen a surge in demand due to the shift towards online ordering. With its strong brand recognition, extensive network of restaurants, and continued investment in innovation, Swiggy is well-positioned to maintain its position as a leading player in the Indian food delivery market.

FAQs on Swiggy

Q1:What does Bundl Technologies Ltd do?

A1: Bundl Technologies Limited is a company based in India that owns and operates the food delivery platform Swiggy.

Q2: What is Swiggy share price ?

A2: Swiggy share price used to change regularly. To know more Contact us 

Q3: What are factors that affect Swiggy share price ?

A3: Swiggy share price can be affected by various factors such as changes in the company's financial performance, industry trends, regulatory changes, and global economic conditions.

Q4: Should I invest in Bundl Technologies Limited shares?

A4: The decision to invest in Bundl Technologies Limited shares should be based on your own financial situation, investment goals, and risk tolerance. It is recommended that you consult with a financial advisor before making any investment decisions. If you want to invest then Contact us 

Q5: Is it legal to trade unlisted shares of Bundl Technologies Private Limited in India?/

A5: Trading of Bundl Technologies Private Limited Unlisted share is unquestionably legal in India.