"Swiggy Karo, Phir Jo Chahe Karo!"Swiggy CMP 385
Swiggy Ltd
About
Founded in 2014, Swiggy Ltd is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app.
Key Points
Business Model - Swiggy operates a diversified hyperlocal commerce platform through its unified app - ''SWIGGY'' The company, known for pioneering hyperlocal commerce in India, offers a range of services through five main segments:
Food Delivery - Launched in 2014, this core segment enables users to browse, order, and have meals delivered from a wide network of restaurant partners. Swiggy monetizes this by charging fees from restaurants, delivery charges, and platform-based advertising opportunities.
Gross Order Value: Food Delivery GOV reached ₹247,174.41 million in fiscal 2024.
Average Order Value Rs.408 in FY24
Delivery Fee collected as a % of GOV : 3.11%
Cost of Delivery as a % GOV: 14.31%
Out-of-Home Consumption Includes services for dining and events, such as Dineout (for restaurant reservations and promotions) and SteppinOut (events management). Swiggy leverages its established restaurant partnerships to extend user engagement beyond home deliveries.
Quick Commerce Instamart, launched in 2020, offers fast delivery of groceries and household items, leveraging a network of “dark stores” to achieve rapid delivery times. This segment is expanding with new product categories and cities.
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
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