Is Swiggy a Swadeshi Company?
Food delivery and quick commerce platform
Frequently Asked Questions
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.
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.
No, Swiggy is not a Swadeshi company. Majority owned by foreign investment firms, though founders retain operational control
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).
Swiggy is not publicly listed on Indian stock exchanges as a standalone entity.
Swiggy was acquired in N/A (Investment) by Prosus (Naspers), SoftBank, Accel for $3.6+ billion (cumulative).
Foreign investors control majority stake in India's leading food delivery platform
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