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Swiggy

E-commerceBengaluru, India

Indian food delivery and quick commerce company, operating its core restaurant delivery platform alongside Instamart in quick commerce and a supply chain and distribution arm serving restaurants and retailers. It is listed on the NSE and BSE.

1StartupFox story
2014Founded
E-commerceSector
Sept 2026Latest coverage

Financials

Revenue and profit after tax as filed with the Registrar of Companies.

FY26Revenuefiled
₹23,053 Cr
PAT₹4,154 Cr loss
EBITDA
Growth
Basisconsolidated
Revenue from operations up 45% from ₹15,227 crore in FY25. Loss widened 33.3% as Instamart expanded. Cash and equivalents stood at ₹15,053 crore at 31 March 2026, and the out-of-home business recorded its first full year of profitability.
Tap any bar to see that year
₹ figures as filed, not restated

Leadership

RBRahul BothraChief Financial Officer
SMSriharsha MajetyCo-founder, Managing Director and Group Chief Executive Officer
RKRohit KapoorChief Executive Officer, Food Marketplace
PKPhani Kishan AddepalliChief Executive Officer, Instamart
MRMadhusudhan RaoChief Technology Officer
LNLakshmi Nandan ReddyCo-founder; former Whole-time Director and Head of Innovation, resigned April 20RJRahul JaiminiCo-founder, no longer with the company

The Swiggy journey

Aug 2014 · founded
Founded in Bengaluru by Sriharsha Majety, Nandan Reddy and Rahul Jaimini, launching with a full-stack model that owned its own delivery logistics rather than relying on restaurants.
Jul 2023 · acquisition
Acquires Lynk Logistics through a share swap at an undisclosed value, entering India's retail B2B distribution market.
Nov 2024 · ipo
Lists on the BSE and NSE, trading as SWIGGY.
Apr 2026 · milestone
Co-founder Lakshmi Nandan Reddy resigns with immediate effect from his role as Whole-time Director and Head of Innovation, per an exchange filing dated 10 April.
May 2026 · milestone
Reports FY26 revenue of ₹23,053 crore, up 45 per cent, with a net loss of ₹4,154 crore. Food delivery gross order value hits a 15-quarter high and Instamart GOV grows 68.8 per cent year on year in Q4.
Sep 2026 · acquisition
Agrees to transfer Lynk to Udaan's parent Trustroot Internet at a ₹500 crore enterprise value, settled in preference shares, and invests a further ₹75 crore for a combined stake of about 3.2 per cent in Udaan.
IPO Watchconfirmed
StatusListed on NSE and BSE
Reported a net loss of ₹791 crore in Q1 FY27, narrowing from ₹1,197 crore a year earlier, on revenue of ₹6,812 crore, up 37 per cent. The B2B segment was the largest revenue contributor at ₹3,195 crore. Source ↗

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Frequently Asked

What is Swiggy?

Indian food delivery and quick commerce company, operating its core restaurant delivery platform alongside Instamart in quick commerce and a supply chain and distribution arm serving restaurants and retailers. It is listed on the NSE and BSE.

Who founded Swiggy?

Swiggy is associated with ["Sriharsha Majety", "Rohit Kapoor", "Phani Kishan Addepalli", "Rahul Bothra", "Madhusudhan Rao"].

Is Swiggy profitable?

Per its FY26 consolidated filing, Swiggy reported ₹23,053 Cr in revenue, with a ₹4,154 Cr loss.

What is the status of the Swiggy IPO?

Listed on NSE and BSE.

What is the latest news on Swiggy?

The most recent StartupFox coverage is “Swiggy Is Selling Lynk To Udaan For ₹500 Crore And Putting ₹75 Crore Back In” (7 September 2026). All stories are listed on this page.