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Meet Startup-Founder Who Completed 3,500-Kilometre Journey From Portugal To Greece On Bicycle; His Net Worth Is Rs 1,400 Crore

Swiggy Success Story: Sriharsha Majety, the visionary co-founder and CEO of Swiggy, stands as a prominent figure in India’s flourishing startup landscape. Sriharsha Majety’s journey is truly inspiring.

From being a small-town boy with big dreams, he worked hard to build India’s biggest food delivery platform. Notably, Swiggy was started in a small office space in Koramangala, Bengaluru, and the company started off with quite a few limitations.  

 

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Sriharsha Majety: Early Life And Education
Sriharsha Majety: Early Life And Education

Sriharsha Majety, born in Andhra Pradesh in 1986, comes from a well-educated family. He pursued a BE in Electrical and Electronics and an MSc in Physics from BITS Pilani, graduating in 2008. He later earned a Post-Graduate Diploma in Management from IIM Calcutta. 

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Sriharsha Majety's Adventurous Spirit
Sriharsha Majety's Adventurous Spirit

Majety embarked on a 3500-kilometre bicycle journey from Portugal to Greece, exploring diverse cultures. He continued his travels from Turkey to Kazakhstan using public transport and hitchhiking.  

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Swiggy's Entrepreneurial Journey
Swiggy's Entrepreneurial Journey

In 2013, Majety co-founded Bundl, a logistics platform to help e-commerce merchants manage deliveries across India.  

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Swiggy Birth
Swiggy Birth

Recognizing the potential for food delivery, Majety transformed Bundl into Swiggy in 2014 with co-founders Nandan Reddy and Rahul Jaimini. 

 

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Swiggy’s Incredible Growth
Swiggy’s Incredible Growth

Under his leadership, Swiggy operates in 500+ cities, has 10,000+ delivery executives, and partners with 800 restaurants, delivering over 1 million orders daily. 

 

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Sriharsha Majety: Family and Personal Life
Sriharsha Majety: Family and Personal Life

Majety’s entrepreneurial roots run deep, as his father owned a restaurant in Vijayawada. His mother is a doctor. He is married to Neetha Majety, whom he met at IIM Calcutta.  

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Swiggy Net Worth And Valuation
Swiggy Net Worth And Valuation

According to reports, Majety's net worth is Rs 1400 crore. Swiggy had a valuation of $10.7 billion (approx. Rs 87,500 crore) by 2022, making it one of India’s most valuable startups. (Image Credit: Social Media)

 





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