Company Intelligence Profile
Swiggy Limited
Swiggy Limited (formerly Bundl Technologies Private Limited) is a Bengaluru-headquartered, publicly listed (NSE: SWIGGY / BSE: 544285) online food-ordering, food-delivery and quick-commerce (Instamart) platform, incorporated 26 Dec 2013 and IPO-listed in November 2024.
Last updated 6 September 2026
Swiggy Limited is a Bengaluru-based platform providing online food ordering, delivery, and quick-commerce services through offerings like Swiggy Instamart and Supr Daily. In FY2026, the company reported revenues of ₹23,053 crore with a widened net loss of ₹4,154 crore due to its Instamart expansion efforts. Swiggy went public with a listing in November 2024, raising approximately ₹4,499 crore.
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
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Company Identity
| Registered name | Swiggy Limited |
|---|---|
| CIN | U74110KA2013PLC096530 |
| PAN | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. |
| Status | Active |
| Listing |
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| Incorporated | 26 December 2013 |
| ROC | RoC-Bangalore (Karnataka) |
| Sector (NIC) |
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| Registered address | conflict
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| Authorized capital |
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| Paid-up capital |
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Source: tofler.in/swiggy-limited/company/U74110KA2013PLC096530; thecompanycheck.com/company/swiggy-limited/U74110KA2013PLC096530; falconebiz.com/company/SWIGGY-LIMITED-L74110KA2013PLC096530
Business Overview
- Swiggy operates one of India's largest on-demand convenience platforms: online food ordering and delivery (core marketplace), quick commerce/instant grocery (Swiggy Instamart), Supr Daily (subscription grocery), Dineout (dining-out/reservations) and logistics (Scootsy)
- Founded 2013 as Bundl Technologies Private Limited; renamed Swiggy Limited on conversion to a public company ahead of its November 2024 IPO
- Headquartered in Bengaluru, Karnataka
Source: tofler.in, thecompanycheck.com, company disclosures & trade press
Directors & KMP
| Name | DIN | Role | Appointed |
|---|---|---|---|
| Anand Thirumalachar Kripalu | 00118324 | Independent Director & Chairman | - |
| Shailesh Vishnubhai Haribhakti | 00007347 | - | - |
| Suparna Mitra | 07135817 | - | - |
| Faraz Khalid | 01449885 | Independent Director | 25 Jul 2025 |
| Sri Harsha Majety | 06680073 | - | - |
| Ashutosh Sharma | 07825610 | Nominee Director | - |
| Renan De Castro Alves Pinto | 03118947 | Nominee Director | - |
| Phani Kishan Addepalli | - | Executive Director & Co-founder | - |
| Rahul Bothra | 08189873 | Executive Director & CFO | 25 Jul 2025 |
| Roger Clarks Rabalais | 07304038 | - | - |
| Sahil Barua | 05131571 | - | - |
| Anand Daniel | 03441515 | - | - |
| Sumer Juneja | 08343545 | - | - |
Source: MCA / DIN records via tofler.in, falconebiz.com
GST Registrations
| GSTIN | State | PAN | Status |
|---|---|---|---|
| 29AAFCB7707D1ZQ | Karnataka | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | Active |
| 29AAFCB7707D1C1 | Karnataka | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 29AAFCB7707D2ZP | Karnataka | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 29AAFCB7707D2C0 | Karnataka | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 07AAFCB7707D1ZW | Delhi | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 07AAFCB7707D2C6 | Delhi | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 27AAFCB7707D1ZU | Maharashtra | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 27AAFCB7707D1C5 | Maharashtra | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 33AAFCB7707D1Z1 | Tamil Nadu | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 33AAFCB7707D2CB | Tamil Nadu | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 36AAFCB7707D1ZV | Telangana | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 36AAFCB7707D2C5 | Telangana | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 24AAFCB7707D1Z0 | Gujarat | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
| 24AAFCB7707D2CA | Gujarat | AAFCB7707D (root PAN of the entity; basis of all its GSTINs). Constitution still shown as "Private Limited" on some GST/legal-name portals — stale, entity is now a listed public company. | - |
Primary Karnataka GSTIN (registered office): 29AAFCB7707D1ZQ — Karnataka, Status Active, registered 01 Jul 2017, legal/trade name "Swiggy" (confirmed via knowyourgst.com direct fetch). Other confirmed Karnataka (code 29) registrations under same PAN: 29AAFCB7707D1C1 (reg. 29/09/2018), 29AAFCB7707D2ZP (reg. 28/03/2018), 29AAFCB7707D2C0 (reg. 03/08/2019). knowyourgst indicates a large multi-state footprint ("96 GST registrations" claimed). INDICATIVE-ONLY (NOT individually verified — do not cite without checking): Delhi 07AAFCB7707D1ZW/07AAFCB7707D2C6; Maharashtra 27AAFCB7707D1ZU/27AAFCB7707D1C5; Tamil Nadu 33AAFCB7707D1Z1/33AAFCB7707D2CB; Telangana 36AAFCB7707D1ZV/36AAFCB7707D2C5; Gujarat 24AAFCB7707D1Z0/24AAFCB7707D2CA. Full verified state-by-state list with per-registration status: not obtained.
Source: knowyourgst.com (GSTIN 29AAFCB7707D1ZQ)
Financials
In FY2026, Swiggy Limited reported a substantial revenue increase to Rs 23,053 crore, marking a 51% year-over-year growth, while the consolidated net loss widened to Rs 4,154 crore as the company's Instamart expansion impacted profitability.
- Basis: CONSOLIDATED preferred (listed group)
- All ₹ crore, FY ended 31 March
- FY2024: Revenue from operations ~11,247 (approx, inferred from FY25 "+35% YoY"); net loss ~−2,350
- FY2025: Revenue from operations 15,227 (+35% YoY); total income 15,623; consolidated net loss −3,116.7; total equity/net worth ~10,219–10,220; total assets 15,205; total borrowings 28.23; cash & equivalents 6,695 (as of 31-Mar-2025)
- FY2026 (latest audited): Revenue from operations 23,053 (+~51% YoY); total income 23,561; consolidated net loss −4,154 (widened as Instamart/quick-commerce expansion weighed on profitability); net worth 18,314; total assets 25,237; borrowings ~100
- EBITDA: Swiggy reports "Adjusted EBITDA" (~−740 Cr framing for FY25) which differs from a straight P&L computation
- CAVEATS: standalone diverges sharply from consolidated — use consolidated for group performance; primary Swiggy shareholder-letter/results PDFs did not parse, so figures rely on aggregators + news reports of the primary results, NOT direct PDF extraction; no dedicated adversarial verification pass ran on financials
- Segment-level audited detail and officially-reported per-FY EBITDA: not obtained
Source: BSE/NSE filings & annual report; tofler.in, thecompanycheck.com
Funding & IPO
- IPO: ~$1.25bn issue, listed November 2024; primary issuance raised to ₹4,499 Cr with the OFS component cut to ~175.1mn shares (Business Standard)
- Historically VC/PE-funded (Prosus/Naspers, SoftBank, Accel, Tencent, Norwest, DST, Elevation, etc.) across private rounds
- Itemized round-by-round private funding history (Series A–J amounts/dates): NOT OBTAINED in this pass
Source: inc42.com/buzz/swiggy-cofounder-lakshmi-nandan-reddy-resigns-three-new-directors-appointed/; inc42.com (DRHP shareholding)
In the News
Swiggy’s CREW Enters Travel With India’s First 24x7 Travel Concierge App
Soul Of Hospitality · a month ago
Swiggy Bolt: Building a Rapid Food Delivery Model Inside a Legacy Platform
MarkHub24 · a month ago
‘Jain Aloo Pyaaz Parantha’? Swiggy menu leaves the internet wondering what will actually be delivered
The Times of India · a month ago
Swiggy and Hero MotoCorp Announce Strategic Partnership to Empower Delivery Partners across India
Chennai Patrika · a month ago
BNP Paribas, Goldman Sachs acquire Rs 1,041 crore worth of Swiggy shares; Vikas Khemani offloads half his...
Moneycontrol.com · a month ago
Headlines about Swiggy Limited reported by third-party publications. Recur Club does not author or endorse this coverage. Last checked 9/6/2026.
Source: Google News aggregated headlines
Charges & Borrowings
- Open (registered) charges — reliable figure: 3 OPEN charges totaling ₹30.0 crore: Standard Chartered Bank ₹20.0 Cr (created 25-Jun-2021)
- Axis Bank Ltd ₹5.0 Cr (29-Apr-2022)
- HDFC Bank Ltd ₹5.0 Cr (09-Feb-2022) — consistent with bank-guarantee/working-capital security, not term debt
- CONFLICT: TheCompanyCheck/other aggregators variously cite "₹130.00 Cr open" and "₹165.25 Cr settled / 8 loans total"; the ₹30 Cr open figure matches Tofler and is treated as reliable, the ₹130 Cr open figure appears to be an aggregator error, and the ₹165.25 Cr settled/8-loan history is unverified against primary charge documents
Source: MCA charge index via tofler.in, falconebiz.com
Legal & Regulatory
- Competition Commission of India (CCI) antitrust probe (most material): opened 2022 on an NRAI complaint alleging anti-competitive vertical restraints (deep discounting, price parity, exclusivity, platform neutrality)
- CCI Director-General report (shared with parties Mar-2024; reported Nov-2024) found Zomato and Swiggy breached competition law (Swiggy allegedly guaranteed growth to partners conditional on exclusive listing); documents confidential; final order/penalty NOT OBTAINED
- 2025: separate AICPDF predatory-pricing complaint (20-Feb-2025) re quick commerce
- NRAI sought interim relief (Jul-2025)
- Tax demands (disclosed via exchange filings): Income tax assessment ~₹158.25 Cr (AY Apr-2021–Mar-2022; s.37 disallowance of cancellation charges + refund-interest; disclosed ~01-Apr-2025; Swiggy to appeal)
- GST demand ₹326.7 Cr (Jul-2020–Mar-2022; appeal already filed 2023 — figure secondary-sourced, verify against BSE/NSE PDF)
- Maharashtra professional-tax notice ₹7.59 Cr (Apr-2021–Mar-2022)
- Routine consumer-forum matters (e.g. Vaibhav Raj vs Swiggy, Chandigarh, Apr-2023 — ₹10 refund + ₹2,000; Vishal Gupta vs Swiggy, State Commission Chandigarh, Jul-2024) — low materiality
- Note: a ~₹750 Cr "unpaid tax" theme in some reports covers Zomato + Swiggy jointly — do not attribute wholly to Swiggy
Source: indiankanoon.org/doc/194698191
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