Dhiraj Rajaram had founded MuSigma in 2004, and it has since become India’s most prominent data services company. Back in the year 2014, they worked together on their first startup venture, Bundl, a logistics aggregator which connected small and medium companies to courier service providers. It utilizes an innovative technology platform that allows customers to order food from nearby restaurants and get it delivered at their doorstep. ... Their net worth is estimated at 24,000 crore. 2001: Deliveroo founder Will Shu is a banking analyst in New York for Morgan Stanley, working long hours and eating $25 takeout with colleagues while pulling late shifts. However, soon after a year into Bundl, the CEO’s realized their focus needs to change from the courier service to food industry in India. The duo then started Directi in 1998, which now runs a host of tech businesses, including companies LogicBoxes, Zeta and Flock. According to the Bloomberg Billionaires Index, Amazon.com Inc., founder’s net worth crossed $ 150 billion in New York, recently. Net worth: Rs. While the initial idea of starting up for Majety was around solving logistics problems, he ended up building an on-demand delivery solution that … He became the world’s second-youngest billionaire in 2020. These companies were using technology and the convenience of mobile phones to boost customer satisfaction. 1000 crore each. 1,400 crore Swiggy now competes directly with Zomato in food delivery, and is expanding into delivery of groceries and other items. He discussed ideas with Nathan Reddy (Co-founder, Swiggy), and both of them were inspired by the success of Amazon, Flipkart, and others. Bansal is now spending time playing video games with his son, watching movies, and taking long walks in the park, all the while perhaps plotting his next startup move. 2. Founder Sriharsha Majety is number 15 on the list of the richest Indian startups under 40 with a net worth of Rs. Ankit Bhati is the man behind the scenes at Ola. His well-renowned hotel brand has now spread its network in about 200 towns across […], Your email address will not be published. But he is now once again on the list of India’s richest entrepreneurs with a net worth of Rs. Co-founder Nandan Reddy is an alumnus of Birla Institute of Technology and Science and he heads operations at Swiggy. Chaddah will retain his stake in the company which stands at about 3.11% and is worth about Rs 237 crore post the latest funding by Ant Financial. Net worth: Rs. 1000 crore each. Swiggy Super is a subscription based service that stated recently. 1,300 crore. Founded in 2016, Udaan is already, Zomato founder Deepinder Goyal is an old hand on the list of richest entrepreneurs in India. Swiggy Net Worth. Taken together, Swiggy’s total losses also ballooned 6.1X from Rs 385 crore in FY18 to a mammoth Rs 2,345.6 crore in FY19. It promotes its campaigns through social networking sites like Facebook, Twitter, Youtube, Pinterest, and Instagram. Coming from a background of entrepreneurs, Sriharsha (Harsha) Majety, founder and CEO of Swiggy says, “Entrepreneurship was always in my blood. To ensure they are here for the long run, Swiggy has launched a large group of exciting highlights like Swiggy Pop, Swiggy Access and Swiggy Schedule. Swiggy’s marketing strategy consists of both online and offline campaigns. 9. 1,300 crore. Net worth: Rs. Swiggy uses its Social media not only for campaigning but to engage with its customers from solving the grievances and taking the feedback in order to improve that sector. Ritesh Agarwal is an Indian entrepreneur and the founder and CEO of Oyo Rooms. Jeff Bezos who is 54 […] 7. Another 33-year-old on the list, Sriharsha Majety, founder and CEO of Swiggy, also shares his net worth figures with Bhati, at Rs 1400 crore. 6,200 crore of cash in the bank. 1,700 crore, Rs. As the single founder of a newly-minted unicorn, Byju Raveendran now has a net worth of Rs. We'll assume you're ok with this, but you can opt-out if you wish. Swiggy is a leading food ordering and delivery service company in India. Zerodha founder Nithin Kamath likes to keep a low profile, but he might’ve built one of the most incredible businesses in the list. MN Srinivasu, Ajay Kaushal, Karthik Ganapathy, founders BillDesk Swiggyacts as a bridge between customers and restaurants. Swiggy also levies a nominal delivery charges from customers on orders. Founder Deepinder Goyal’s net worth now stands at Rs. Co-founder, Nandan Reddy has done MSc Physics (Hons.) Srinivasu, Ajay Kaushal and Karthik Ganapathy. She is also planning to start her own chain of beauty parlours. Twiggy is an English model, actress and singer has an estimated net worth of $50 million. He has a net worth of Rs. It is available for a month and 3 months plan at Rs 99 and Rs 149 respectively. Today it processes bill transactions from all over the country, and as of 2015, touched a valuation of $1 billion. Required fields are marked *. Binny Bansal, co-founder Flipkart They saw the potential in hyper-local food delivery, and thus, the idea for Swiggy was born. Swiggy is a web and mobile-based application based company that allows users to order food from restaurants and get delivery services. शिखा गर्ग इंडियन दिलवाले टीम अच्छी लेखिका हैं। इन्हे लेखन क्षेत्र में अच्छा लगता हैं , यह इंडियन दिलवाले के लिए अलग अलग विषयों पर लिखती हैं।. Zomato founder Deepinder Goyal is an old hand on the list of richest entrepreneurs in India. Berkshire Hathway’s investment valued Paytm and over $10 billion, and Vijay Shekhar Sharma’s net worth is now a cool Rs. Photographs of her haircut were displayed in the hair salon and a fashion journalist discovered her beauty.In 1966, she was named "The Face of 1966" by the Daily Express and voted British Woman of the Year. Net worth: Rs. 2,930 Number of Organizations • $73.3B Total Funding Amount • … According to the data filed by the company, the net worth of Swiggy is Rs 3, 86, 34,590 with a turnover of Rs 7, 41, 702 . Like Bhati of Ola, Majety’s net worth stands at Rs 1400 crore. At third place, is Sriharsha Majety, the 33-year old founder and CEO of Swiggy. It connects with its Costumers through these channels. With consistent improvements in their innovation, Swiggy has ensured it has secured the number one position in the country in relation to the online food ordering food. 6,500 crore. 8,600 crore. He is the World’s youngest CEO at the age of 17. Sriharsha Majety is an alumnus of Indian Institute of Management, Calcutta and he currently serves as the Chief Executive Officer (CEO) at Swiggy. Net worth: Rs. Swiggy has also tied up with business loan provider Indifi Technologies to provide collateral-free loans without initial deposits to its restaurant partners. Asia Startups Founded in 2014 . Under these plan Swiggy claims of lots of benefits like Free Delivery, Surprise Treats and No Surge fees. While Binny Bansal chose to stay on with Flipkart after its acquisition by Walmart, Sachin Bansal chose to step aside. His net worth is US$1.1 billion (February 2020). Currently, Swiggy earns 30 percent of the shares on every order with the restaurant and also takes delivery charges from the consumers. The increased spending was clearly indicated in the Net Operating Cash Outflows which ballooned 6.5X to nearly Rs 2,328 crore in FY19 from Rs 357.2 crore in FY19. It’s done well for itself since then — Swiggy’s now India’s biggest food delivery service, and just this year, saw its valuation zoom past $1 billion. 1,600 crore. In the world of e-commerce, many fledgling companies are struggling to make a mark. Sriharsha Majety, founder Swiggy He made some serious money doing so — after exiting Flipkart, Sachin Bansal has Rs. 1,600 crore, Rs. Swiggy was founded by Sriharsha Majety, Nandan Reddy, and Rahul Jaiminiin in 2014 and is headquartered in Bangalore, Karnataka, India. This process has made it easier for the customers to get food anytime and anywhere. Swiggy has received huge investments worth 155.5 million USD via six rounds of funding from Investors such as SAIF Partners, Harmony Partners, Naspers, Norwest Venture Partners, Bessemer Venture Partners, and Accel Partners etc. It collects commissions from restaurants for lead generation and for serving as a delivery partner. 4. Dhiraj Rajaram, Founder MuSigma Oyo Rooms became the latest Indian startup to enter the unicorn club, and it’s done so in style — it raised a $1 billion round, and is now valued at nearly $5 billion. Your email address will not be published. This website uses cookies to improve your experience. 11. Net worth: Rs. 3. Thanks to all this, founder Ritesh Agarwal, at just 24 years old, is now worth a staggering Rs. Seeing my family members being in charge, and taking control of what they do was an inspiration from early years.” says Harsha. Entrackr had exclusively reported the shareholding pattern of Swiggy’s founding team in May this year. They wanted to change the scenario of Indian food industry and wanted it to develop in other aspects. 1,500 crore. 1,500 crore. How Super is Swiggy Super ? from Birla Institute of Technology and Science and he heads operations at Swiggy. Funded over 4 rounds. Here are India’s richest startup founders and their net worths. While Bhavish Agarwal is the public face of the company, Ankit Bhati has been its CTO since its inception, working on Ola’s technology stack. 6. Thanks to Walmart’s acquisition, Binny Bansal now has a personal net worth of Rs. Twiggy started as a model during the 1960s. Earlier he had worked with other companies such as Galla, Zurna, IDinsight, Intellecap. ; Swiggy co-founder and chief technical officer Rahul Jaimini has resigned from the online food delivery company and will be joining as a co-founder of Pesto Tech, a career accelerator startup. Read More. Net worth: Rs. With Swiggy, customers do not have to keep the contact numbers of various restaurants and food joints in their locality. Zomato provides information, menus and user-reviews of restaurants as well as food delivery options from partner restaurants in select cities. Bollywood|Box Office Collection|News|Tech News|Entertainment. As per the Hurun rich list of 2018, there are as many as 19 Indian entrepreneurs with a net worth of over Rs. Bansal is now, Ola has been on an expansion spree this year — it’s expanded into, Byju’s founder Byju Raveendran has been everywhere this year — Byju’s has been adverting on television, newspapers, and even on grounds during cricket matches. To expand the growth of the company Swiggy offers many gift coupons and discounts. The company was inspired by the thought of providing full fleshed food services from food ordering to delivering of food from the desired restaurant in the urban society. 6,500 crore. The company has successfully built its brand awareness and promotion. Binny Bansal chose to remain with the acquired entity, and will see Flipkart into its next phase of growth. Founder @ Swiggy • Worked at @ Nomura Securities • Studied at @ Birla Institute of Technology and Science, @ Indian Institute of Management - Calcutta. Deliveroo Rajaram, who until a few years ago was India’s richest entrepreneur, had to battle through a difficult few years — he divorced his wife and co-founder Ambiga Subramaniam last year, and has since bought back his stake in the company. 12. Swiggy Ropes In Myntra Founder Mukesh Bansal As Strategic Advisor October 6, 2016 Daily News Intelligence Centre News Online food ordering and delivery firm Swiggy has roped the blue-eyed-boy of India’s startup ecosystem Mukesh Bansal as a strategic advisor on its board. Rajaram, who until a few years ago was India’s richest entrepreneur, had to battle through a difficult few years — he, Binny Bansal has had a pretty spectacular year — in April, he helmed India’s biggest startup acquisition, when Flipkart was, While Binny Bansal chose to stay on with Flipkart after its acquisition by Walmart, Sachin Bansal chose to step aside. 11,600 crore. Last week, Zomato also allotted ESOPs worth nearly $52 million. Starting from discovery through visual menus, massive reduction in delivery time and no minimum order, Swiggy has become the highest used online platform. What is Swiggy Super ? 1,400 crore Majety, an IIM-Calcutta graduate, co-founded the food delivery start-up Swiggy with Nandan Reddy in 2014. Net worth: Rs. 1,300 crore respectively. 5. Third Co-founder of Swiggy, Rahul Jaimini is an alumnus of Indian Institute of Technology, Kharagpur and he is the Chief Technical Officer at Swiggy. The three of the Co-founders started Swiggy in 2014 with a head office in Koramangala, Bangalore. Some of its offline campaigns include Secondtomom,#DiwaliGhayAayi, #SingwithSwiggy and Know your food series of pictures and food walks in a local area etc. He also credits his jour… 1000 crore. Sriharsha Majety had founded Swiggy after a 4000 kilometer solo trip around Europe. The company started in 2014 and is headquartered in Bengaluru, India. Currently, Swiggy earns 30 percent of the shares on every order with the restaurant and also takes delivery charges from the consumers. Riju Ravindran, Byju’s Swiggy is a customer centric company which provides an online platform entirely dedicated to improving the process and experience of food order and delivery. Zomato’s had a good 2018 — it’s, India’s Boat Becomes The Fifth Biggest Wearables Brand In The World, Ideas To Prepare Your Office For Disaster Management, India’s “Spice King” MDH’s Dharampal Gulati Passes Away, E-Cell NIT Trichy Announces Ventura, Its International Business-model Competition. 15. As they say, the rest is history. 14. Nithin Kamath and family, Founder Zerodha And for good reason too — Byju’s has said it is now close to being profitable, and has also, 10. 3,900 crore. Lists Featuring This Company. The startup was started in August, 2014 and now the value of the company has reached more than billions. Byju’s founder Byju Raveendran has been everywhere this year — Byju’s has been adverting on television, newspapers, and even on grounds during cricket matches. He made some serious money doing so — after exiting Flipkart, Sachin Bansal has Rs. In 2014, both the alumnus of Swiggy, Nandan Reddy and Sriharsha Majety started their first startup, Bundl. 3,900 crore. 11,600 crore. Zerodha has never raised external funding, but now registers profits of over Rs. Thanks to his shareholding in the company, he now has a net worth of Rs. Founded in 2016, Udaan is already worth more than a billion dollars, becoming the fastest Indian startup to reach the milestone, and its founders are worth Rs. Sriharsha Majety is an alumnus of Indian Institute of Management, Calcutta and & BITS Pilani . 1,600 crore, Rs. 1.Divyank Turakhia, Founder Media.net As at that point of time, the food industry in India was not much developed. 2,600 crore. With more than 25,000 restaurant owners, Swiggy has its own team of delivery executives which operates across 13 different cities in India, including Bengaluru, Mumbai, Chennai, Delhi, Hyderabad, Kolkata and many more. According to the data filed by the company, the net worth of Swiggy is Rs 3, 86, 34,590 with a turnover of Rs 7, 41, 702. 10. 1,300 crore Sriharsha Majety had founded Swiggy after a 4000 kilometer solo trip around Europe. 2,600 crore. With Zerodha now the third biggest stock broker in the country, behind only ICICI and HDFC, Nithin Kamath’s net worth has ballooned to Rs. Zomato is an Indian restaurant aggregator and food delivery start-up founded by Deepinder Goyal and Pankaj Chaddah in 2008. (adsbygoogle = window.adsbygoogle || []).push({}); Shikha have  Excellent writing skills, as well as the ability to communicate and collaborate effectively. 39 year old Devita Rajkumar Saraf, founder of VU Technologies is the only female in this under 40 self-made rich entrepreneurs. Also, the most special feature provided by swiggy is that it does not have minimum order policy on any restaurant and it accepts online payments as well. In the processes, Majety’s net worth has zoomed to Rs. Ola has been on an expansion spree this year — it’s expanded into Australia, the UK, and even New Zealand. 1,700 crore, Rs. All these entrepreneurs run unicorns, and are uniformly young — the oldest is not even 50, and the youngest is Oyo’s Ritesh Agarwal, who’s just 24. And Flock generation and for serving as a delivery partner s expanded into Australia, the 33-year old and... Srinivasu, Ajay Kaushal, Karthik Ganapathy, founders swiggy founder net worth net worths Rs. 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