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(Get Delicious Offers On Amazon: https://amzn.clnk.in/bN4G). Sriharsha Majety cofounded the online food ordering and delivery business Swiggy in August 2014, with his BITS-Pilani alumnus Nandan Reddy. The duo also brought Rahul Jaimini of IIT-Kharagpur onboard as another cofounder. Sensing that the food delivery segment in India lacked an effective solution provider, Majety decided to break ground in this line. What made Swiggy different from a host of its competitors was that the company chose to run its own delivery fleet. Read on to get the CEO’s email address, age, and net worth details on this wiki.
Today Swiggy operates in top cities of India covering 20,000 restaurants. In mid-2017 the company crossed the milestone of 4 million deliveries a month and by the end of the year the number had breached 5 million. Sriharsha, the current CEO of Swiggy, aspires to grow the Indian food delivery market further. In 2021, there were reports that the company could reach a valuation of 10 billion USD.
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The company has the following major competitors in the food tech space:
In July 2021, Swiggy raised 1.25 billion USD, valuing the company at 5.5 billion USD, which is around 40000 Cr in INR. At assumed 5% holding in the company, Swiggy CEO net worth could be estimated at INR 2000 crores. In September 2021, there were reports that Swiggy was in talks to raise $500 million USD valuing the company at 10 billion USD.
Swiggy’s investors include Naspers, DST Global, Meituan Dianping, Coatue Management, Bessemer Venture Partners, Norwest Venture Partners, Accel, and SAIF Partners. Series J list of investors may include Falcon Edge Capital, Think Investments, Amansa Capital, Goldman Sachs, and Carmignac.
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Between 2003 and 2008 Sriharsha studied Electrical and Electronics Engineering and M.Sc. in Physics from BITS –Pilani. Thereafter he cleared level II of CFA program before deciding to pursue PGDM in Finance from IIM-Calcutta.
Sriharsha Majety was employed as Summer Analyst at Nomura International (a securities broker/dealer firm) for a brief period in 2010. Later in 2011, he joined the London office of Nomura International as an associate at the rates trading desk. He left this job after one year and decided to move back to India to startup.
Between August 2013 and June 2014, Sriharsha with his mate from BITS Pilani, Nandan Reddy, opened a logistics aggregator company to help e-commerce firms. They named this company Bundl Technologies. The idea did not take off and they had to soon shut shop. Within next few months Sriharsha launched Swiggy. There has been no looking back for him since then.
Contact Sriharsha Majety – Email Address | Twitter | LinkedIn
Sriharsha’s Twitter handle is @shearsha and his Linkdin profile is https://www.linkedin.com/in/sriharsha-majety-563aa217. Swiggy CEO’s email id is [email protected].
Swiggy Owner MD / Customer Care Number | Help & Support
If you are a Swiggy customer with a grievance or query to ask, contact the company here – https://www.swiggy.com/contact-us. For escalation, you can also try reaching out to Swiggy top management via their head office in Bangalore.
Wiki Trivia on Sriharsha Majety – Age, Wife, Family, & Other Details
Sriharsha Majety (age 35) after leaving his job at Nomura went on a solo trip from Europe to Asia. In 3 months he covered 3500 kms distance from Portugal to Greece on a bicycle. From there, he went to Turkey and then Kazakhstan traveling in public transport or taking lifts. Both Sriharsha and his wife Neetha are travel enthusiasts.
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