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Swiggy Limited (ex-Bundl Technologies Private Limited)

Technology

Start up

Approaching IPO

Swiggy Ltd., (ex-Bundl Technologies Pvt Ltd and ex-Swiggy Pvt Ltd) founded in 2014, has rapidly become one of India's leading online food delivery platforms. Headquartered in Bangalore, Swiggy connects millions of customers with a wide network of restaurants, offering a seamless and efficient food ordering and delivery experience. The company has transformed the food delivery landscape in India with its customer-centric approach and technological innovations.Swiggy's core service is its food delivery platform, which allows users to order from a vast selection of restaurants through its mobile app and website. Beyond food delivery, Swiggy has diversified its offerings to include Instamart for quick grocery delivery, Genie as a pick-up and drop-off service for any item within the city and Swiggy Go as a service for instant pick-up and drop of documents, parcels, and other items. Swiggy operates on a marketplace model, earning revenue through delivery fees, restaurant commissions, and advertising. The company has invested heavily in building a robust logistics network and leveraging technology to optimize delivery times and enhance customer experience. Swiggy also focuses on partnerships with restaurants, providing them with insights and tools to improve their business.


Key Highlights

Food Delivery, Grocery Delivery- InstaMart, Dine Out, Pickup and Drop off Service - Genie


FAQs

Unlisted shares of Swiggy Limited (ex-Bundl Technologies Private Limited) can be bought through a stockbroker or dealer specializing in unlisted shares like unlistedassets.com where you will find the best price for the unlisted shares and can also read about the unlisted companies’ profile and read its financials which helps users to get comfortable with unlisted company information before they can invest in the Swiggy Limited (ex-Bundl Technologies Private Limited) unlisted shares.

You can sell unlisted shares of Swiggy Limited (ex-Bundl Technologies Private Limited) through a stockbroker or through a platform like Unlistedassets.com, etc. Once the deal is confirmed, you can transfer the unlisted shares to the buyer through the Depository Participant (DP)/demat account.

Typically, the lock-in period for unlisted shares ranges from 6 months to 3 years. However, the exact lock-in period for unlisted shares varies from company to company and is subject to the company's board of directors.

(i) AIF-II - There is no locking period for Unlisted Shares.

(ii) Other Investors (include Retail, HNIs or Body Corporate) lock-in Period of 6 months from the date of listing of IPO of Swiggy Limited (ex-Bundl Technologies Private Limited)

The expected IPO date of Swiggy Limited (ex-Bundl Technologies Private Limited) has not been announced yet. Please keep a check on Unlisted Assets.com for getting the recent updates on Swiggy Limited (ex-Bundl Technologies Private Limited) unlisted shares

Blogs
Swiggy- Your IPO is on the way

Swiggy IPO

Thursday, Jul 18, 2024

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