CEO Sriharsha Majety Shares Swiggy’s Journey, Says Firm Ended Its First Day ‘With Zero Orders’

The co-founder expressed his gratitude to the users who attached themselves to the delivery platform in the beginning and ‘helped make ‘Swiggy it’ a household phrase across the country’

Reportedly, Swiggy is working on making its debut in the Indian stock markets later in the year. (Image Source: Swiggy)

Source : Swiggy

Co-founder and CEO, Sriharsha Majety, on Tuesday shared his experience of starting Swiggy and how things unfolded in the beginning. The food delivery platform completed 10 years in August.

In a post on networking platform, LinkedIn, Majety revealed that the platform didn’t receive any orders on its first say. Talking about the journey so far, the executive said, “When we launched Swiggy on August 6, 2014, we ended the day with zero orders. The next day, we got our first-ever order, marking the true beginning of our journey.”

The co-founder expressed his gratitude to the users who attached themselves to the delivery platform in the beginning and ‘helped make ‘Swiggy it’ a household phrase across the country’. 

“Amongst our earliest partners was Truffles, which started with just two orders a day on Swiggy. Since then, they've done as many as 7,261 orders in a single day, showcasing how far we've come together,” Majety noted. 

He informed that today Swiggy operates in partnership with more than 3 lakh restaurants. “Much of our success is thanks to those early adopters who didn’t just join us but became core to our journey,” the online food delivery firm’s head said.

Notably, Swiggy is working on making its debut in the Indian stock markets later in the year. The company, based out of Gurugram, is reportedly aiming for a maiden listing and raise $1 billion to $1.2 billion. The firm is aiming to clock a valuation of $15 billion. This could prove to be the largest IPOs seen in India in the year.

Media reports on Wednesday said that the family office of Bollywood megastar Amitabh Bachchan bought a small stake in Swiggy by acquiring shared held by the company's employees and early investors.