Sriharsha Majety

Zepto CEO Aadit Palicha, in an interview with Moneycontrol, hit back saying Instamart burns more cash per order than Zepto, escalating the face-off between India’s top quick commerce rivals.

Swiggy to hive off Instamart into separate, wholly owned subsidiary via slump sale

The transaction to be executed at book value, with completion expected post-Q3 FY26, regulatory filings showed.

Never built Swiggy to be a public figure: Co-founder Sriharsha Majety

Sriharsha Majety says he has never been uncomfortable with speaking to the media but he preferred to wait for moments best suited to come out and talk about Swiggy's story.

Difficult to comment on quick commerce market share when competitor’s information is picky: Swiggy chief Sriharsha Majety 

Swiggy chief Sriharsha Majety's comments comes at a time when Zepto's Aadit Palicha said his company's gross order value (GOV) has grown to $2 billion, ahead of Swiggy Instamart's $1.6 billion.

Swiggy CEO says he came up with idea of company for college project, forgot about it later

Sriharsha Majety first conceived the idea of Swiggy during a project at the Indian Institute of Management (IIM) Calcutta. At the NSE listing ceremony, he described how the idea, initially born from a class project, lay dormant after its completion, almost forgotten.

Most searched product on Swiggy Instamart? Bedsheets

Co-founder and CEO Sriharsha Majety also talks about challenges that he, as a founder, faces in running a company as large as Swiggy, while shedding light on how he views competition

Swiggy’s Sriharsha Majety, others in top deck get $200 million in ESOPs ahead of IPO

Swiggy is planning a mega $1.25 billion (Rs 10,414 crore) IPO, one of the largest for a new-age company in recent years

Deepinder Goyal says he has not ordered food outside of Zomato: 'Never opened anybody else’s app'

In an interview with Moneycontrol, Deepinder Goyal reflected on Zomato’s position in India’s rapidly growing food delivery and quick commerce sectors, particularly in light of Swiggy's upcoming $1.25 billion IPO.

'When we launched Swiggy, we ended the day with zero orders': CEO Sriharsha Majety

Reflecting on the company's journey over the years, co-founder and CEO Sriharsha Majety thanked Swiggy's early adopters whose support helped make Swiggy 'a household phrase across the country'.

Mallika Srinivasan steps down as independent director from Swiggy's board

Mallika Srinivasan was appointed as an independent director in February 2023

Swiggy ropes in HUL’s Ashwath Swaminathan as chief growth & marketing officer

The CGMO role is a new one for Swiggy and has been created after previous department heads quit the Bengaluru-based company

Davos 2024: Instamart can be larger than food delivery, says Swiggy boss Sriharsha Majety

Majety's comments come at a time when the food delivery industry continues to grow but at a slower pace because of increased penetration

Davos 2024: Key highlights, including Andrew Ng, Sriharsha Majety & other top newsmakers

At Davos 2024, top global voices spoke about a range of topics, including generative AI and its impact across various industries, the outlook of the EV market industry and India's place in the global landscape, among others.

Davos 2024: IPO preparations underway, says Swiggy's Sriharsha Majety

Majety said he has met Zomato founder Deepinder Goyal and asked him what it is like to run a listed food delivery business. Goyal is one among the many tech company founders that Majety has met.

What do Zomato CEO, Swiggy co-founders talk about? Not business, says Deepinder Goyal

Deepinder Goyal said he has a 'nice friendly relationship' with the Swiggy co-founders.

'Nicely done': Zomato's Deepinder Goyal congratulates Swiggy CEO on business profitability

Swiggy co-founder and CEO Sriharsha Majety shared on Twitter that the online food delivery platform had endured a profitable period in March 2023, which generated a response from Zomato CEO Deepinder Goyal.

In 2nd markdown in 4 months, Invesco cuts Swiggy’s valuation to $5.5 billion

According to filings, Invesco – which led Swiggy’s $700 million round in January last year – valued the Bengaluru-based company at $5.5 billion as of January 31, 2023, as per the latest filing.

Swiggy sees two VP-level exits within a month

Ashish Lingamneni, vice president (VP), head, brand and product marketing, and Nishad Kenkre, VP, head, revenue and growth, Instamart, have left the company. Aparna Giridhar has replaced Lingamneni, while Sreeram Suresh has taken over Kenkre’s position

Swiggy shuts premium grocery delivery unit 'Handpicked'

While Swiggy has shut divisions like Handpicked and meat delivery as they did not yield desired results and also to reduce the company’s overall costs, it is also toying with newer verticals like Swiggy Maxx, its e-commerce-like platform.

Invesco cuts Swiggy valuation to $8 billion internally as tech stocks bleed

Invesco first invested in Swiggy in January last year, when it led a massive $700-million funding round for the SoftBank-backed platform.

Food delivery growth has slowed down, overhiring was poor judgment: Swiggy founder Sriharsha Majety

Swiggy founder Sriharsha Majety emphasised that during the past year, several additional pockets of employees were added as a result of scale-up, which increased the company's 'communication overheads' and compromised its agility.

1.3 million orders delivered already, says Swiggy CEO on New Year’s Eve

Swiggy has already kickstarted New Year celebrations, having delivered a total of 1.3 million orders today, CEO Sriharsha Majety announced in a tweet this evening.

Nandan Nilekani blames flawed unit economics in debate over growth and profit

Nilekani added that for startups, depending on external capital exposes them to the vagaries of the market. Swiggy co-founder too believes they would like to trace the path to be more profitable.

Swiggy CEO Sriharsha Majety exits his 'Twitter cave' for delightful exchange with Zomato CEO Deepinder Goyal

Swiggy CEO Sriharsha Majety, who is usually put up in his "Twitter cave" pointed out how his "followers per minute" was on an all-time high and thanked users for following his “mini entry on Twitter”.

Swiggy clocks a lifetime high of 9,500 orders per minute on New Year's Eve, crosses two million orders mark

Further, Swiggy Instamart recorded 63% more orders and a 74% increase in GMV (gross merchanise value) compared to the rest of the month, beating its own previous Christmas day peak.