[5] In 2011, Sriharsha Majety and Nandan Reddy designed an e-commerce website called Bundl to facilitate courier service and shipping within India.

[7] Majety and Reddy approached Rahul Jaimini, formerly with Myntra, and founded Swiggy in August 2014.

[8][6][7] By 2015, Swiggy expanded its food delivery operations from just Bengaluru to eight Tier 1 cities across India.

[6][7] In January 2017, Swiggy started its cloud kitchen chain called "The Bowl Company".

[21] During the COVID-19 pandemic, it began doorstep delivery of alcohol in the states of Jharkhand, West Bengal and Odisha.

[25] In August 2020, Swiggy launched its instant grocery delivery service called Instamart using a network of dark stores.

[33] Swiggy launched its initial public offering (IPO) in November 2024 at ₹390 per share, valuing the company at $11.3 billion.

[38] In January 2022, Swiggy's valuation rose to $10.7 billion after a $700-million fundraise led by US asset manager Invesco.