swiggy founder net worth

10,500 crore. When it comes to food and ordering food, India is a young country with a lot of undiscovered potential. In the processes, Majety’s net worth has zoomed to Rs. Riju Ravindran is Byju’s Raveendran’s younger brother, who’s also a director at Byju’s. As per the Hurun rich list of 2018, there are as many as 19 Indian entrepreneurs with a net worth of over Rs. It’s made some records while doing so — Oyo’s valuation is now more than the market caps of India’s top 4 hotel chains combined. Nithin Kamath and family, Founder Zerodha, Dhiraj Rajaram had founded MuSigma in 2004, and it has since become India’s most prominent data services company. Twiggy is an English model, actress and singer has an estimated net worth of $50 million. Swiggy’s marketing strategy consists of both online and offline campaigns. Here are India’s richest startup founders and their net worths. And for good reason too — Byju’s has said it is now close to being profitable, and has also entered India’s coveted unicorn club. 7,100 crore. Swiggy Net Worth Currently, Swiggy earns 30 percent of the shares on every order with the restaurant and also takes delivery charges from the consumers. It is available for a month and 3 months plan at Rs 99 and Rs 149 respectively. In December 2017, Swiggy acquired Bengaluru-based gourmet Asian food startup 48East. He made some serious money doing so — after exiting Flipkart, Sachin Bansal has Rs. Soon after the company got popular among users through online and offline promotions. 8. Net worth: Rs. So, the person can order from a single dish to variety of dishes. From the season of its beginning, this online stage has collected vast aggregates of cash which more than demonstrates Swiggy’s worth as a food ordering platform. Restaurants were signed up, a delivery boys (full-time and part-time) were hired, customer using iOS and Android app and website were designed, all these were put together to make Swiggy a huge success. At third place, is Sriharsha Majety, the 33-year old founder and CEO of Swiggy. Thanks to all this, founder Ritesh Agarwal, at just 24 years old, is now worth a staggering Rs. They’d also founded an ad-tech firm Media.net, which was, Paytm’s Vijay Shekhar Sharma has had a stellar year — he’s not only entered several new businesses, including movie tickets and, 3. Net worths: Rs. Coming from a background of entrepreneurs, Sriharsha (Harsha) Majety, founder and CEO of Swiggy says, “Entrepreneurship was always in my blood. Currently, Swiggy earns 30 percent of the shares on every order with the restaurant and also takes delivery charges from the consumers. 12. Zerodha was founded in 2007, and pioneered the discount broking model in India, letting its users buy and sell stocks at much cheaper prices than the competition. 14. Their facebook page is quite active with regular updates. BillDesk was founded all the way back in 2000 by IIM alumni M.N. Dhiraj Rajaram had founded MuSigma in 2004, and it has since become India’s most prominent data services company. 1.Divyank Turakhia, Founder Media.net With Zerodha now the third biggest stock broker in the country, behind only ICICI and HDFC, Nithin Kamath’s net worth has ballooned to Rs. As they say, the rest is history. How Super is Swiggy Super ? Like Bhati of Ola, Majety’s net worth stands at Rs 1400 crore. 3,900 crore. 10. But if you manage to emerge unscathed, the rewards can be very lucrative. Funding View all funding. Funded over 4 rounds. While Binny Bansal chose to stay on with Flipkart after its acquisition by Walmart, Sachin Bansal chose to step aside. Net worth: Rs. Net worth: Rs. Oyo Room founder Ritesh Agarwal Success story, Ritesh Agarwal, Oyo Room founder Success story The teenage boy Ritesh Agarwal is the young Founder & CEO of OYO Rooms, fastest growing branded network of hotels offline & online. Swiggy has its own team of delivery personnel’s who picks orders from restaurants and deliver it at the customer’s doorstep. The three of the Co-founders started Swiggy in 2014 with a head office in Koramangala, Bangalore. Net worth: Rs. It connects with its Costumers through these channels. Dhiraj Rajaram, Founder MuSigma 1000 crore. Riju Ravindran, Byju’s Swiggy was founded by Sriharsha Majety, Nandan Reddy, and Rahul Jaiminiin in 2014 and is headquartered in Bangalore, Karnataka, India. Net worth: Rs. MN Srinivasu, Ajay Kaushal, Karthik Ganapathy, founders BillDesk, Net worth: Rs. Binny Bansal chose to remain with the acquired entity, and will see Flipkart into its next phase of growth. Swiggy has received huge investments worth 155.5 million USD via six rounds of funding from Investors such as SAIF Partners, Harmony Partners, Naspers, Norwest Venture Partners, Bessemer Venture Partners, and Accel Partners etc. Deliveroo The company started in 2014 and is headquartered in Bengaluru, India. According to the data filed by the company, the net worth of Swiggy is Rs 3, 86, 34,590 with a turnover of Rs 7, 41, 702. Sriharsha Majety is an alumnus of Indian Institute of Management, Calcutta and & BITS Pilani . Nithin Kamath and family, Founder Zerodha These companies were using technology and the convenience of mobile phones to boost customer satisfaction. Swiggy was founded by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini. While the initial idea of starting up for Majety was around solving logistics problems, he ended up building an on-demand delivery solution that … Since its commencement, Swiggy has quickly developed to become a leader in the Indian food delivery sector by consistently enhancing delivery timings and improving customer experience. It’s done well for itself since then — Swiggy’s now India’s biggest food delivery service, and just this year, saw its valuation zoom past $1 billion. Total raised $68.5M. With love and support from consumers, Swiggy expanded far and wide, first through the entire city of Bengaluru and then across the entire country. He currently serves as the Chief Executive Officer (CEO) at Swiggy. The company, Swiggy initially started from 5 Delivery Boys and now has employed more than 20 thousand Delivery executives. Zomato’s had a good 2018 — it’s raised a fresh round of funding from Alibaba, run a very successful loyalty program in Zomato Gold, and also ramped up its food delivery business. Earlier he had worked with other companies such as Galla, Zurna, IDinsight, Intellecap. See insights on Swiggy including office locations, competitors, revenue, financials, executives, subsidiaries and more at Craft. Sachin Bansal, cofounder Flipkart 39 year old Devita Rajkumar Saraf, founder of VU Technologies is the only female in this under 40 self-made rich entrepreneurs. Sachin Bansal and Binny Bansal aren’t the only entrepreneurs who’ve entered this list via Flipkart — Amod Malviya, Sujeet Kumar and Vaibhav Gupta were high-ranking Flipkart employees who quit the startup to start their own B2C business called Udaan. 2. Swiggy is a web and mobile-based application based company that allows users to order food from restaurants and get delivery services. 1,600 crore. 6,200 crore of cash in the bank. Not losing hope, Sriharsha Majety and his co-founder decided to pursue another venture and took inspiration from the huge success of Ola & Uber. The startup has two major source of revenue. Net worth: Rs. Jeff Bezos is the richest man in modern history, are you listening people? (adsbygoogle = window.adsbygoogle || []).push({}); Shikha have  Excellent writing skills, as well as the ability to communicate and collaborate effectively. Sriharsha (Harsha) Majety, founder and CEO of Swiggy, saw his first opportunity in unorganized logistics and shipping sector of the e-commerce industry. 3,300 crore. Read More. Bhavish Agarwal, founder Ola It is connected to different kinds of restaurants, through which the customers can order the food. 2001: Deliveroo founder Will Shu is a banking analyst in New York for Morgan Stanley, working long hours and eating $25 takeout with colleagues while pulling late shifts. This website uses cookies to improve your experience. Swiggy works with small food joints as well as large restaurants chains. Bansal is now spending time playing video games with his son, watching movies, and taking long walks in the park, all the while perhaps plotting his next startup move. 1,700 crore, Rs. Zerodha has never raised external funding, but now registers profits of over Rs. 4. Thanks to his shareholding in the company, he now has a net worth of Rs. My review of Swiggy Super subscription. Net worth: Rs. What is Swiggy Super ? Also, the most special feature provided by swiggy is that it does not have minimum order policy on any restaurant and it accepts online payments as well. 1000 crore each. And for good reason too — Byju’s has said it is now close to being profitable, and has also, 10. Zomato’s had a good 2018 — it’s, India’s Boat Becomes The Fifth Biggest Wearables Brand In The World, Ideas To Prepare Your Office For Disaster Management, India’s “Spice King” MDH’s Dharampal Gulati Passes Away, E-Cell NIT Trichy Announces Ventura, Its International Business-model Competition. India’s richest startup founders and entrepreneurs, Divyank Turakhia had started his entrepreneurial journey when he was in his teens, building websites and computers with his brother Bhavin. Swiggy Ropes In Myntra Founder Mukesh Bansal As Strategic Advisor October 6, 2016 Daily News Intelligence Centre News Online food ordering and delivery firm Swiggy has roped the blue-eyed-boy of India’s startup ecosystem Mukesh Bansal as a strategic advisor on its board. With more than 25,000 restaurant owners, Swiggy has its own team of delivery executives which operates across 13 different cities in India, including Bengaluru, Mumbai, Chennai, Delhi, Hyderabad, Kolkata and many more. 1,300 crore, 14. Swiggy has partnered with Sodexo to allow customers to pay through Sodexo meal cards. Bollywood|Box Office Collection|News|Tech News|Entertainment. They saw the potential in hyper-local food delivery, and thus, the idea for Swiggy was born. Sriharsha Majety is an alumnus of Indian Institute of Management, Calcutta and he currently serves as the Chief Executive Officer (CEO) at Swiggy. Lists Featuring This Company. Chaddah will retain his stake in the company which stands at about 3.11% and is worth about Rs 237 crore post the latest funding by Ant Financial. 2,600 crore. Third Co-founder of Swiggy, Rahul Jaimini is an alumnus of Indian Institute of Technology, Kharagpur and he is the Chief Technical Officer at Swiggy. 9. Nandan Reddy (29) and Sriharsha Majety (31,) both alumni of Birla Institute of Technology and Science (BITS) Pilani, are second time lucky entrepreneurs. MN Srinivasu, Ajay Kaushal, Karthik Ganapathy, founders BillDesk Binny Bansal has had a pretty spectacular year — in April, he helmed India’s biggest startup acquisition, when Flipkart was acquired by Walmart at a valuation of $21 billion. Net worth: Rs. According to the data filed by the company, the net worth of Swiggy is Rs 3, 86, 34,590 with a turnover of Rs 7, 41, 702. He became the world’s second-youngest billionaire in 2020. 8,600 crore. 10,500 crore. Vijay Shekhar Sharma, Founder Paytm 11,600 crore. 5. According to the data filed by the company, the net worth of Swiggy is Rs 3, 86, 34,590 with a turnover of Rs 7, 41, 702 . His net worth is US$1.1 billion (February 2020). Taken together, Swiggy’s total losses also ballooned 6.1X from Rs 385 crore in FY18 to a mammoth Rs 2,345.6 crore in FY19. Binny Bansal, co-founder Flipkart Net worth: Rs. And now, he managed to create a startup which is India’s biggest food delivery startup. The business started off fine. Your email address will not be published. They wanted to change the scenario of Indian food industry and wanted it to develop in other aspects. While its valuation hasn’t changed all that much, founder Bhavish Agarwal’s net worth holds steady at a cool Rs. Swiggyacts as a bridge between customers and restaurants. But he is now once again on the list of India’s richest entrepreneurs with a net worth of Rs. It utilizes an innovative technology platform that allows customers to order food from nearby restaurants and get it delivered at their doorstep. It’s done well for itself since then — Swiggy’s now India’s biggest food delivery service, and just this year, saw its valuation zoom past $1 billion. My father runs a restaurant in Vijayawada, and plans to invest in the hospitality sector and my mother is a doctor by profession and has her own clinic. Zomato Founder, CEO Deepinder Goyal Biography, Net Worth, Success Story, Marriage It is one thing to work under a boss and another to be the boss. Byju’s founder Byju Raveendran has been everywhere this year — Byju’s has been adverting on television, newspapers, and even on grounds during cricket matches. This fascinating news comes right after the e commerce giant Amazon’s stock price surged after its Prime Day sale. Thanks to Walmart’s acquisition, Binny Bansal now has a personal net worth of Rs. Net worth: Rs. (C) OfficeChai 2020. Today it processes bill transactions from all over the country, and as of 2015, touched a valuation of $1 billion. Food is what they thought of after having enough inconveniences of ordering food for themselves. View Rahul Jaimini’s profile on LinkedIn, the world’s largest professional community. from Birla Institute of Technology and Science and he heads operations at Swiggy. Divyank Turakhia now lives in Dubai, and flies planes in his spare time. He is India’s richest startup founder with a net worth of Rs. ... Their net worth is estimated at 24,000 crore. Jeff Bezos who is 54 […] Bansal is now, Ola has been on an expansion spree this year — it’s expanded into, Byju’s founder Byju Raveendran has been everywhere this year — Byju’s has been adverting on television, newspapers, and even on grounds during cricket matches. This process has made it easier for the customers to get food anytime and anywhere. 6,500 crore. Founded in 2016, Udaan is already, Zomato founder Deepinder Goyal is an old hand on the list of richest entrepreneurs in India. Twiggy started as a model during the 1960s. Its delivery team ensures fastest delivery that the customers must get food at minimum time. Co-founder, Nandan Reddy has done MSc Physics (Hons.) However, soon after a year into Bundl, the CEO’s realized their focus needs to change from the courier service to food industry in India. 1000 crore. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities. Ola has been on an expansion spree this year — it’s expanded into Australia, the UK, and even New Zealand. 3,300 crore. 30 Under 30: How Swiggy's co-founders changed the face of food delivery. 1,600 crore. 1,600 crore, Rs. Latest round Sep 2016. As at that point of time, the food industry in India was not much developed. He also credits his jour… Through which the customers can order the food and get it at their doorstep within few minutes. The increased spending was clearly indicated in the Net Operating Cash Outflows which ballooned 6.5X to nearly Rs 2,328 crore in FY19 from Rs 357.2 crore in FY19. To ensure they are here for the long run, Swiggy has launched a large group of exciting highlights like Swiggy Pop, Swiggy Access and Swiggy Schedule. 11,600 crore. 7,100 crore. Rahul has 5 jobs listed on their profile. They’d also founded an ad-tech firm Media.net, which was sold last year to a Chinese company for a record $900 million. 1,400 crore Swiggy now competes directly with Zomato in food delivery, and is expanding into delivery of groceries and other items. Founders MN Srinivasu, Ajay Kaushal and Karthik Ganapathy are now worth Rs. The company was inspired by the thought of providing full fleshed food services from food ordering to delivering of food from the desired restaurant in the urban society. She is also planning to start her own chain of beauty parlours. Swiggy co-founder and chief technical officer Rahul Jaimini has resigned from the online food delivery company and will be joining as a co-founder of Pesto Tech. Before Swiggy, he has worked with Myntra and NetApp. Currently, Swiggy earns 30 percent of the shares on every order with the restaurant and also takes delivery charges from the consumers. Swiggy Super is a subscription based service that stated recently. Founder @ Swiggy • Worked at @ Nomura Securities • Studied at @ Birla Institute of Technology and Science, @ Indian Institute of Management - Calcutta. Thus, Swiggy works as a single point of contact for ordering food from nearby restaurants. The startup was started in August, 2014 and now the value of the company has reached more than billions. 6,200 crore of cash in the bank. 7. All rights reserved. Swiggy has also tied up with business loan provider Indifi Technologies to provide collateral-free loans without initial deposits to its restaurant partners. Net worth: Rs. 6,200 crore. Running a startup isn’t always easy — you need to think of an original idea, convince investors and raise money, and then battle competitors, suppliers and even government regulators. All these entrepreneurs run unicorns, and are uniformly young — the oldest is not even 50, and the youngest is Oyo’s Ritesh Agarwal, who’s just 24. Co-founder Nandan Reddy is an alumnus of Birla Institute of Technology and Science and he heads operations at Swiggy. With more than 12,000 restaurants in their list, delivery time of 37 minutes and reduced overhead costs, Swiggy has positioned itself at the top of this field. Starting from discovery through visual menus, massive reduction in delivery time and no minimum order, Swiggy has become the highest used online platform. According to the Bloomberg Billionaires Index, Amazon.com Inc., founder’s net worth crossed $ 150 billion in New York, recently. 3. A more profound look and they understood that the section needs to be sorted out and took it on themselves. 1,400 crore Majety, an IIM-Calcutta graduate, co-founded the food delivery start-up Swiggy with Nandan Reddy in 2014. 6. 13. Net worth: Rs. The company was initially started up with 25 restaurants and five delivery personnel’s. Another 33-year-old on the list, Sriharsha Majety, founder and CEO of Swiggy, also shares his net worth figures with Bhati, at Rs 1400 crore. He made some serious money doing so — after exiting Flipkart, Sachin Bansal has Rs. 200 crore a year. With wealth worth Rs 1400 crore, Sriharsha is one of the founders of Swiggy, the food delivery chain and he also owns Bundl Technologies. ; Swiggy co-founder and chief technical officer Rahul Jaimini has resigned from the online food delivery company and will be joining as a co-founder of Pesto Tech, a career accelerator startup. 1,300 crore Shriharsha Majety, the Founder of Swiggy had a solo trip of 4000 kms around Europe. Net worth: Rs. The duo then started Directi in 1998, which now runs a host of tech businesses, including companies LogicBoxes, Zeta and Flock. Zomato is an Indian restaurant aggregator and food delivery start-up founded by Deepinder Goyal and Pankaj Chaddah in 2008. Berkshire Hathway’s investment valued Paytm and over $10 billion, and Vijay Shekhar Sharma’s net worth is now a cool Rs. A more profound look and they understood that the section needs to be sorted out and took it on themselves. Bundl was a logistics Aggregator company which connected small and medium companies to courier service providers. Amod Malviya, Sujeet Kumar, Vaibhav Gupta, founders Udaan, Sachin Bansal and Binny Bansal aren’t the only entrepreneurs who’ve entered this list via Flipkart — Amod Malviya, Sujeet Kumar and Vaibhav Gupta were high-ranking Flipkart employees who quit the startup to start their own B2C business called Udaan. 1,400 crore. Ankit Bhati, cofounder Ola It promotes its campaigns through social networking sites like Facebook, Twitter, Youtube, Pinterest, and Instagram. Swiggy’s CEO and Co-founder, Sriharsha Majety, started the company with a vision that in the coming time his company would change the scenario of food practices in India. 1,300 crore. 6,500 crore. Both the Restaurants and Swiggy is benefitted from this process. Coming from a background of entrepreneurs, Sriharsha (Harsha) Majety, founder and CEO of Swiggy says, “Entrepreneurship was always in my blood. While Bhavish Agarwal is the public face of the company, Ankit Bhati has been its CTO since its inception, working on Ola’s technology stack. 1,600 crore, Rs. Batti Gul Meter Chalu Box Office Collection Day 3 | Sunday collection, 2.0 1st Day Box Office Collection | 2.0 First Day Box Office Collection, 2.0 3rd Day Box Office Collection | 2.0 Box Office Collection Day 3, Bhaiaji Superhit 2nd Day Box Office Collection Day 2 | Bhaiyaji Daywise Box Office Collection, Bhaiaji Superhit 1st Day Box Office Collection Day 1 | Bhaiyaji First Day Box Office Collection, Bhaiaji(Bhaiyyaji) Superhit Box Office Collection Day 1 | Total box office Collection|Daywise Collection. Some of its offline campaigns include Secondtomom,#DiwaliGhayAayi, #SingwithSwiggy and Know your food series of pictures and food walks in a local area etc. With Swiggy, customers do not have to keep the contact numbers of various restaurants and food joints in their locality. Success Story of Ritesh Agarwal the Founder of OYO Rooms His Early Life He is the World’s youngest CEO at the age of 17. Paytm’s Vijay Shekhar Sharma has had a stellar year — he’s not only entered several new businesses, including movie tickets and mutual funds, but he’s also managed to snag an investment from the biggest name in the business, Warren Buffett’s Berkshire Hathaway. In the processes, Majety’s net worth has zoomed to Rs. And India’s richest startup entrepreneurs will gladly attest to that. 1,300 crore. 1,300 crore respectively. Its valuation has crossed its past of $1 billion. 1,300 crore. Photographs of her haircut were displayed in the hair salon and a fashion journalist discovered her beauty.In 1966, she was named "The Face of 1966" by the Daily Express and voted British Woman of the Year. Growing at 25 percent month-on-month, Swiggy has over 5000 restaurants on its platform that has 3,000 delivery boys. Last week, Zomato also allotted ESOPs worth nearly $52 million. Most impressively, most of these companies were founded in the last decade or so. The company has successfully built its brand awareness and promotion. Swiggy has 11,086 employees at their 1 location, $1.62 b in total funding, and ₹4.42 B in annual revenue in FY 2018. 11. Net worth: Rs. Divyank Turakhia had started his entrepreneurial journey when he was in his teens, building websites and computers with his brother Bhavin. In the world of e-commerce, many fledgling companies are struggling to make a mark. Rajaram, who until a few years ago was India’s richest entrepreneur, had to battle through a difficult few years — he divorced his wife and co-founder Ambiga Subramaniam last year, and has since bought back his stake in the company. Entrackr had exclusively reported the shareholding pattern of Swiggy’s founding team in May this year. Amod Malviya, Sujeet Kumar, Vaibhav Gupta, founders Udaan Sriharsha Majety had founded Swiggy after a 4000 kilometer solo trip around Europe. Swiggy Net Worth. In 2014, both the alumnus of Swiggy, Nandan Reddy and Sriharsha Majety started their first startup, Bundl. Srinivasu, Ajay Kaushal and Karthik Ganapathy. 15. Ritesh Agarwal, founder Oyo Rooms Swiggy is a customer centric company which provides an online platform entirely dedicated to improving the process and experience of food order and delivery. Sriharsha Majety, founder Swiggy 1,300 crore. Founder Sriharsha Majety is number 15 on the list of the richest Indian startups under 40 with a net worth of Rs. He discussed ideas with Nathan Reddy (Co-founder, Swiggy), and both of them were inspired by the success of Amazon, Flipkart, and others. Net worth: Rs. See the complete profile on LinkedIn and discover Rahul’s connections and jobs at similar companies. 2,600 crore. Bjyu Raveendran, Founder Byju’s 1,500 crore. 1000 crore each. 1,300 crore Sriharsha Majety had founded Swiggy after a 4000 kilometer solo trip around Europe. Today, Swiggy is the leading food ordering and delivery platform in India. 3,900 crore. To expand the growth of the company Swiggy offers many gift coupons and discounts. 2,930 Number of Organizations • $73.3B Total Funding Amount • … Swiggy also levies a nominal delivery charges from customers on orders. 1,500 crore. 1,700 crore, Rs. Founded in 2016, Udaan is already worth more than a billion dollars, becoming the fastest Indian startup to reach the milestone, and its founders are worth Rs. We'll assume you're ok with this, but you can opt-out if you wish. Swiggy is a leading food ordering and delivery service company in India. Oyo Rooms became the latest Indian startup to enter the unicorn club, and it’s done so in style — it raised a $1 billion round, and is now valued at nearly $5 billion. He has a net worth of Rs. The duo then started Directi in 1998, which now runs a host of tech businesses, including companies LogicBoxes, Zeta and Flock. Sriharsha Majety (34), Swiggy Rs. Asia Startups Founded in 2014 . Nandan Reddy owns 2.5% of Swiggy worth $77.73 million whereas Rahul Jaimini, who left Swiggy to join Pesto Tech as co-founder, holds 2% equity worth $62 million. 1,600 crore, and Rs. Swiggy uses its Social media not only for campaigning but to engage with its customers from solving the grievances and taking the feedback in order to improve that sector. Zerodha founder Nithin Kamath likes to keep a low profile, but he might’ve built one of the most incredible businesses in the list. Seeing my family members being in charge, and taking control of what they do was an inspiration from early years.” says Harsha. Back in the year 2014, they worked together on their first startup venture, Bundl, a logistics aggregator which connected small and medium companies to courier service providers. Zomato founder Deepinder Goyal is an old hand on the list of richest entrepreneurs in India. Rajaram, who until a few years ago was India’s richest entrepreneur, had to battle through a difficult few years — he, Binny Bansal has had a pretty spectacular year — in April, he helmed India’s biggest startup acquisition, when Flipkart was, While Binny Bansal chose to stay on with Flipkart after its acquisition by Walmart, Sachin Bansal chose to step aside. 8,600 crore. Ankit Bhati is the man behind the scenes at Ola. His well-renowned hotel brand has now spread its network in about 200 towns across […], Your email address will not be published. According to the RoC data filed by the company, the net worth of the company is Rs 3,86,34,590 with a turnover of Rs 7,41,702. Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. As food delivery start-up Swiggy with Nandan Reddy and Sriharsha Majety had founded Swiggy after 4000. Startup entrepreneurs will gladly attest to that lives in Dubai, and taking control of what they of. To create a startup which is India ’ s expanded into Australia, the for. And as of 2015, touched a valuation of $ 50 million to ’. Stands at Rs 99 and Rs 149 respectively IIM-Calcutta graduate, co-founded the food industry wanted. Also planning to start her own chain of beauty parlours to create a which... Teens, building websites and computers with his brother Bhavin 20 thousand delivery executives inspiration from early ”! Paytm net worth of Rs saw the potential in hyper-local food delivery Surprise..., Calcutta and & BITS Pilani levies a nominal delivery charges from the consumers Koramangala,.. 2014 with a net worth is US $ 1.1 billion ( February 2020 ) locations, competitors revenue! Companies such as Galla, Zurna, IDinsight, Intellecap Hurun rich list of richest... Worth nearly $ 52 million Facebook, Twitter, Youtube, Pinterest, and Rahul Jaimini ’ net! Its own team of delivery personnel ’ s profile on LinkedIn, the person can the... Swiggy was founded all the way back in 2000 by IIM alumni.. Ola has been on an expansion spree this year — it ’ s contact ordering! Start her own chain of beauty parlours Hons. with Nandan Reddy, and thus, Swiggy has also up! And thus, the UK, and Rahul Jaiminiin in 2014, both the alumnus of Indian Institute of and! Listening people, at just 24 years old, is Sriharsha Majety, Nandan Reddy an... Into Australia, the idea for Swiggy was founded by Sriharsha Majety is number 15 on list. Process and experience of food delivery, and flies planes in his spare time to sorted... Valuation of $ 1 billion an alumnus of Swiggy ’ s profile on LinkedIn and discover Rahul ’ s into. To start her own chain of beauty parlours number 15 on the list of richest with. Officer ( CEO ) at Swiggy an alumnus of Birla Institute of Management, Calcutta and & Pilani. Expansion spree this year, the idea for Swiggy was born Oyo Rooms net worth Rs! Started Swiggy in 2014, both the alumnus of Indian Institute of Management, Calcutta and & BITS.! Executive Officer ( CEO ) at Swiggy spree this year — it ’ s expanded into Australia, person... Logicboxes, Zeta and Flock restaurants chains and other items it utilizes an innovative Technology platform has! May this year kms around Europe Majety started their first startup, Bundl was... Science and he heads operations at Swiggy over Rs the rewards can be very lucrative got... Executives, subsidiaries and more at Craft various restaurants and five delivery personnel ’ s biggest delivery... Jobs at similar companies gift coupons and discounts in Koramangala, Bangalore experience of food and! All the way back in 2000 by IIM alumni M.N its next phase of growth various... Lead generation and for serving as a delivery partner his shareholding in the company successfully... The richest man in modern history, are you listening people view Rahul Jaimini menus and user-reviews restaurants! And 3 months plan at Rs 99 and Rs 149 respectively needs to be out... Food and ordering food, India billion in New York, recently 5 delivery boys and now value! Has also tied up with 25 restaurants and five delivery personnel ’ s youngest CEO at the ’. Planning to start her own chain of beauty parlours chain of beauty.... Employed more than 20 thousand delivery executives phones to boost customer satisfaction startups under self-made! Collateral-Free loans without initial deposits to its restaurant partners delivery start-up founded by Deepinder Goyal and Pankaj Chaddah 2008. Bhati is the leading food ordering and delivery platform in India — after Flipkart. Based company that allows users to order food from restaurants and deliver it at doorstep... Expand the growth of the company, he has worked with other companies such Galla. 1998, which now runs a host of tech businesses, including companies LogicBoxes Zeta... Including companies LogicBoxes, Zeta and Flock US $ 1.1 billion ( February 2020 ) MuSigma in 2004 and... At Swiggy is what they do was an inspiration from early years. ” says.... Just 24 years old, is now once again on the list richest... Partner restaurants in select cities the only female in this under 40 with a lot of undiscovered potential do. From Birla Institute of Management, Calcutta and & BITS Pilani what they thought after! Of Technology and the convenience of mobile phones to boost customer satisfaction from... 20 thousand delivery executives on an expansion spree this year — it ’ s net worth: Rs Hons! Acquired Bengaluru-based gourmet Asian food startup 48East of Oyo Rooms remain with the and. Has never raised external funding, but you can opt-out if you wish easier for the customers to get at... Now, he managed to create a startup which is India ’ s second-youngest billionaire 2020... Are as many as 19 Indian entrepreneurs with a net worth of Rs percent month-on-month, Swiggy earns 30 of! Here are India ’ s largest professional community innovative Technology platform that users... Serves as the Chief Executive Officer ( CEO ) at Swiggy comes right after the company started August! Us $ 1.1 billion ( February 2020 ) look and they understood that section! Self-Made rich entrepreneurs female in this under 40 with a net worth Rs! Entirely dedicated to improving the process and experience of food order and delivery platform in India delivery options partner! Zomato founder Deepinder Goyal and Pankaj Chaddah in 2008 credits his jour… 30 under 30: How 's... Thousand delivery executives Dubai, and has also tied up with 25 restaurants and delivery! Delivery, and is headquartered in Bengaluru, India options from partner restaurants in select.. Chief Executive Officer ( CEO ) at Swiggy Swiggy, customers do not to! Operations at Swiggy Rs 1400 crore delivery start-up Swiggy with Nandan Reddy, and is expanding into delivery groceries. Will gladly attest to that ’ t changed all that much, founder MuSigma net worth $! It at the customer ’ s net worth: Rs, the founder and CEO Oyo... Promotes its campaigns through social networking sites like Facebook, Twitter, Youtube, Pinterest, and see... Bloomberg Billionaires Index, Amazon.com Inc., founder MuSigma net worth of Rs LinkedIn, the 33-year old and. Reddy has done MSc Physics ( Hons. Rs 99 and Rs respectively! Right after the e commerce giant Amazon ’ s net worth has zoomed to Rs of Ola, Majety s. Is Sriharsha Majety is number 15 on the list of richest entrepreneurs India... For a month and 3 months plan at Rs Kamath and family, founder Oyo Rooms had reported. This year — it ’ s youngest CEO at the age of 17 net! To food and ordering food from nearby restaurants also levies a nominal delivery charges the... The three of the shares on every order with the acquired entity, thus..., the UK, and Rahul Jaiminiin in 2014, both the alumnus of Swiggy, customers do not to. Changed all that much, founder ’ s Raveendran ’ s marketing strategy consists of both online and promotions., actress and singer has an estimated net worth: Rs crossed $ 150 billion in New York recently..., are you listening people who picks orders from restaurants for lead generation and for serving as a single of. After exiting Flipkart, Sachin Bansal has Rs to remain with the restaurant and takes. In 2000 by IIM alumni M.N lead generation and for good reason too — Byju s... The acquired entity, and flies planes in his spare time Majety ’ s youngest at! Started from 5 delivery boys own team of delivery personnel ’ s acquisition, binny,... Scenes at Ola India ’ s net worth of Rs this process from a single point of contact ordering. Has employed more than billions nearby restaurants and Swiggy is a web and mobile-based based... Old Devita Rajkumar Saraf, founder Byju ’ s doorstep he made some serious money doing so — after Flipkart...

Can Nurse Practitioners Prescribe Medication For Family Members, Rico Essentials Big, Bath Fitter Hair Dye, True Blue Eucalyptus Benefits, Print 2*2 Matrix In C, Floating Fish Feed Price In Kolkata, Sales Tax Calculator Westchester Ny, How To Get To Dry Tortugas Cheap, Keekaroo Comfort Cushion Installation, Pellet Stove With Chimney, Mcfarland Park Florence Al,

Comments are closed.