The Swiggy Mafia 2024 report offers a detailed snapshot of the burgeoning ecosystem spawned from the success of Swiggy, one of India’s leading food delivery platforms. The collective valuation of the Swiggy Mafia companies stands at an impressive ₹6,277.16 crore as of July 2024, highlighting the entrepreneurial spirit and innovation flourishing within this network. This…
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Challenging the status quo and setting new benchmarks in the industry, Swiggy has emerged as a dominant player in the fast-paced world of food delivery. About Swiggy Swiggy Limited (formerly Bundl Technologies Private Limited) is a key player in India’s food delivery sector, offering a seamless platform for customers to order from nearby restaurants. Swiggy’s…
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Whether it is Zomato’s bumper IPO, or Blinkit’s strategic acquisition, Indian startup ecosystem has hit an inflection point. We have transitioned from celebrating big funding rounds to now anticipating startup exits. Some say it is a sign of maturing ecosystem. Others see it as a direct impact of investors demanding a clear path to profitability…
Read moreIntroduction Welcome to another Comparable Company Analysis, where we delve into the vast expanse of data and insights to bring forth a intriguing exploration of the Indian E-Commerce (electronic commerce) ecosystem. India, boasting over 800 million internet users, ranks as the second-largest global online market. E-Commerce, contributing 7% to the total retail market at $55…
Read moreThe Indian food retail landscape is a rapidly growing market with a significant presence of both traditional and modern retail formats. The market is dominated by traditional retail formats such as street markets, mom-and-pop stores, and small grocery stores, which account for the majority of the sales. However, modern retail formats such as supermarkets, hypermarkets,…
Read moreIt was a heavy week from a value perspective with Swiggy turning decacorn. We had only 50 deals captured on our platform, the aggregate value of deals was well over 13000 cr. Swiggy, Ola Electric deals, and new Unicorns Swiggy turns decacorn with a 5218 cr Series K round led by Invesco, in the process…
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