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.
CIN: U74110KA2013PLC096530ActiveRoC-Bangalore (Karnataka)Confidence: Medium-High
AI OverviewGenerated from public records
AI-generated summary from public filings and may contain errors. Verify against the detailed sections below.
Company Identity
Confirmed| 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 | Yes — publicly listed. NSE symbol: SWIGGY; BSE scrip code: 544285. IPO listed November 2024. Class: Listed Public Limited Company, Non-government company (confirmed). |
| Incorporated | 26 December 2013 |
| ROC | RoC-Bangalore (Karnataka) |
| Sector (NIC) | Online food ordering/delivery and quick commerce (e-commerce/internet marketplace and logistics). CIN activity prefix 74110. Precise official NIC-2008 code/description: not definitively obtained. |
| Registered address | CONFLICT (partial). Two addresses appear across sources for the same entity: (1) Sumadhura Capitol Towers, Sy. No. 14 & No. 158, 3rd–6th Floor, Tower I, Pattandur Agrahara Village, K.R. Puram, Bengaluru East, Karnataka 560066 — reported by TheCompanyCheck and, per Verifier 1, the CURRENT registered office following a board-approved shift (BSE announcement 29 Jan 2026, effective 1 April 2026) away from Embassy Tech Village; and (2) No.55, Sy No.8-14, Ground Floor, I&J Block, Embassy Tech Village, Outer Ring Road, Devarabisanahalli, Bengaluru, Karnataka 560103 — printed in Swiggy's own Aug-2025 statutory register and shown by Tofler (now likely the FORMER address). The two adversarial verifiers split on which is current; the 2026 move to Sumadhura is the more temporally-aware read but was not independently closed by a third registry. Treat as unresolved: Sumadhura (560066) likely current post-Apr-2026; Embassy Tech Village (560103) the prior office. |
| Authorized capital | ₹16,699.80 crore (₹1,66,99,80,24,990). Confirmed: Tofler ₹16,699.8 Cr; TheCompanyCheck ₹16,700 Cr (rounded). Large pre-IPO authorized base (includes preference capital); the ~60x gap to paid-up is genuine, not an error. |
| Paid-up capital | ₹276.03 crore (₹2,76,03,13,555). Confirmed across Tofler, TheCompanyCheck and search index; reconciles to ~276.03 crore shares at ₹1 face value. |
Source: tofler.in/swiggy-limited/company/U74110KA2013PLC096530; thecompanycheck.com/company/swiggy-limited/U74110KA2013PLC096530; falconebiz.com/company/SWIGGY-LIMITED-L74110KA2013PLC096530
Business Overview
Confirmed- 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
Confirmed| Name | DIN | Role | Appointed |
|---|---|---|---|
| Anand Thirumalachar Kripalu | 00118324 | Chairperson & Independent Director | - |
| Shailesh Vishnubhai Haribhakti | 00007347 | Independent | - |
| Suparna Mitra | 07135817 | Independent | - |
| Faraz Khalid | 01449885 | Independent Director, appt 25 Jul 2025 5-yr term to 24 Jul 2030 | 25 Jul 2025 |
| Sri Harsha Majety | 06680073 | Co-founder, MD/CEO | - |
| Ashutosh Sharma | 07825610 | Nominee Director | - |
| Renan De Castro Alves Pinto | 03118947 | Nominee Director MIH India Food Holdings B.V./Prosus, effective 11 Apr 2026 [DIN single-sourced to TheCompanyCheck; mildly unverified] | - |
| Phani Kishan Addepalli | - | Co-founder & Chief Growth Officer, Executive Director effective 1 Jun 2026 [DIN not obtained] | - |
| Rahul Bothra | 08189873 | Group CFO, elevated to Executive Director effective 1 Jun 2026. KMP: Cauveri Sriram; Company Secretary & Compliance Officer w.e.f. 25 Jul 2025 no director DIN. RECENTLY CEASED: Lakshmi Nandan Reddy Obul / "Nandan Reddy" 06686145; Co-founder, resigned as Whole-Time Director eff. 10 Apr 2026 | - |
| Roger Clarks Rabalais | 07304038 | Prosus/MIH nominee, resigned ~10/11 Apr 2026 replaced by Pinto | - |
| Sahil Barua | 05131571 | ceased 11 Apr 2025 now Delhivery CEO | - |
| Anand Daniel | 03441515 | Accel nominee, ceased 25 Jul 2025 | - |
| Sumer Juneja | 08343545 | SoftBank nominee, ceased 25 Jul 2025. All DINs cross-checked against Swiggy's own Aug-2025 statutory register Register of Directors & KMP and multiple secondary sources | - |
Source: MCA / DIN records via tofler.in, falconebiz.com
GST Registrations
Partial / conflicting| 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
Partial / conflicting- 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 (TheCompanyCheck computes FY25 EBITDA ≈ −2,390)
- CAVEATS: standalone (Tofler, entity-only, materially lower — e.g. FY25 total income ₹8,796.5 Cr, net worth ₹12,009.7 Cr) 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
Partial / conflicting- 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)
Charges & Borrowings
Partial / conflicting- Open (registered) charges — reliable figure: 3 OPEN charges totaling ₹30.0 crore (Tofler): 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 (lender names/dates for satisfied charges not obtained)
Source: MCA charge index via tofler.in, falconebiz.com
Legal & Regulatory
Partial / conflicting- 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
Key Competitors
ConfirmedSwiggy — food delivery + Instamart quick commerce + dining-out.
- Eternal / Zomato (rev ~₹12,100 Cr; m-cap ~₹2.5 L Cr)
- Zepto (GMV ~₹10,000 Cr; ~$5B val)
- Blinkit (GMV ~₹12,500 Cr (Eternal))
- BigBasket (GMV ~₹10,000 Cr (Tata))
Frequently Asked Questions
What does Swiggy Limited do?
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.
What is the CIN of Swiggy Limited?
The Corporate Identification Number (CIN) of Swiggy Limited is U74110KA2013PLC096530.
Where is Swiggy Limited registered?
Swiggy Limited is registered with RoC-Bangalore (Karnataka). Registered address: CONFLICT (partial). Two addresses appear across sources for the same entity: (1) Sumadhura Capitol Towers, Sy.
When was Swiggy Limited incorporated?
Swiggy Limited was incorporated on 26 December 2013.
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