Swiggy surpasses 2020 target, delivers over 500 million orders a year

Swiggy, the foodtech start-up, has delivered over 500 million orders a year, surpassing its 2020 target of delivering 360 million orders a year,

The food ordering and delivery start-up, which was last valued at $3.3 billion, has set a new target of having 100 million consumers transacting 15 times a month on its platform in the next 10-15 years.

“We are at serious scale right now, delivering over half-a-billion orders a year, with a presence in 500-plus cities pan-India, 1.4-lakh restaurant partners and a fleet of over 2.1 lakh delivery partners.

We will have half-a-million delivery executives in 18 months and at the same time a network of thousands of kitchen locations or ‘Pods’, with each Pod catering to 8-10 food brands, which will bring Swiggy within 10 minutes of 99 per cent of our customers,” Sriharsha Majety, co-founder and CEO,