Sriharsha Majety

TMT

10 February, 2022

Swiggy's FY21 sales decline 27% as pandemic-induced lockdowns cripple demand

Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has reported a 27% decline in its 2020-21 (FY21) operating revenue as Covid-19 induced lockdowns hit ......

TMT

24 January, 2022

Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation

Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has raised $700 million in a funding round led by Invesco, ......

Consumer

02 December, 2021

Our velocity of experimentation will be all-time high next year: Swiggy's Sriharsha Majety

Foodtech major, Swiggy, has had a turnaround in fortunes, as the company is set to raise another $700 million, after ......

TMT

02 December, 2021

Swiggy to invest $700 mn in express grocery business Instamart

Foodtech major, Swiggy, which is in midst of raising a larger funding round, said on Thursday it will invest $700 ......

TMT

18 May, 2020

Swiggy lays off 1,100 employees as lockdown saps food delivery business

Food delivery company Swiggy said on Monday it is laying off 1,100 employees as the coronavirus pandemic and a nationwide ......

TMT

20 December, 2018

Tencent gets a slice of Swiggy as Naspers leads $1 bn funding round

Online food delivery startup Swiggy has raised $1 billion (just short of Rs 7,000 crore at current exchange rates) in ......

People

05 December, 2017

Swiggy hires former Reckitt Benckiser exec as CEO of New Supply biz

Bengaluru-based Bundl Technologies Pvt. Ltd, which operates online food ordering platform Swiggy, has appointed former Reckitt Benckiser executive Vishal Bhatia ......