Is Swiggy a Swadeshi Company?

NO - Foreign Owned

Food delivery and quick commerce platform

Quick Facts
Founded:2014
Founders:Sriharsha Majety, Nandan Reddy, Rahul Jaimini
Original Location:Bengaluru, Karnataka
Category:E-Commerce
Acquired By:Prosus (Naspers), SoftBank, Accel (Netherlands/South Africa, Japan, USA)
Acquisition Year:N/A (Investment)
Acquisition Amount:$3.6+ billion (cumulative)
Current Ownership:Prosus (~33%), SoftBank, other foreign investors hold majority

Frequently Asked Questions

Is Swiggy owned by Indians?

No, Swiggy is not owned by Indians. It is currently owned by Prosus (Naspers), SoftBank, Accel from Netherlands/South Africa, Japan, USA. Prosus (~33%), SoftBank, other foreign investors hold majority.

Is Swiggy an Indian company?

Swiggy was founded in India in 2014 by Sriharsha Majety, Nandan Reddy, Rahul Jaimini. However, it was acquired by Prosus (Naspers), SoftBank, Accel in N/A (Investment), making it a foreign-controlled company despite its Indian origins.

Is Swiggy a Swadeshi company?

No, Swiggy is not a Swadeshi company. Majority owned by foreign investment firms, though founders retain operational control

Who owns Swiggy?

Swiggy is owned by Prosus (Naspers), SoftBank, Accel from Netherlands/South Africa, Japan, USA. Prosus (~33%), SoftBank, other foreign investors hold majority. The acquisition took place in N/A (Investment) for $3.6+ billion (cumulative).

Is Swiggy listed on the Indian stock market?

Swiggy is not publicly listed on Indian stock exchanges as a standalone entity.

When was Swiggy acquired?

Swiggy was acquired in N/A (Investment) by Prosus (Naspers), SoftBank, Accel for $3.6+ billion (cumulative).

What is the impact of Swiggy's foreign ownership?

Foreign investors control majority stake in India's leading food delivery platform

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