Swiggy

“Delivery boys, especially bikers are in hot demand. They are in as much demand as the best tech folks that join companies like Google.”

“Similarly with Swiggy, when I can't remember which two founders I met on the rooftop of UB, but they were selling more of a courier aggregator. It's called Bundle, which is the original name of the company. It's still used today. And I said, no, I don't think …”

“I think the biggest reason, and this may seem like an odd one, is that I feel people who build big businesses or people who are successful in life don't take offense. People who take offense, you know, or something has happened to me, those people get stuck in…”

“Swiggy is another one that, ah, you know, I ended up passing on. Then there was Capital Float. There was, ah, there were so many. There was, ah, Freshdesk.”

“So we exited all our stake in make my trip some time back. We had some secondary exit in Paytm. We had some in Swiggy.”

“So, when you're looking at entrepreneurs in their twenties, it's about, you don't ask the question, why will you succeed, and others won't, because it doesn't make any sense, and it's this, I have the raw energy and the power, right? And the desire. In your fo…”

“There is also an opportunity for a Shopify for the restaurant. So let's say Amazon aggregated all the smaller product sellers in Shopify said, well, if you wanted to really stand out and have your own brand, then you come to me and we all know what a phenomena…”

“When all of us are like sort of living here in Gurgaon, et cetera, in our apartments, he chooses to live where most of the swiggy delivery bhaiya stay in Sikandarpur. Because he just wants to be able to track their behavior day in and day out, actually work wi…”

“70%, 80% of our revenues were still coming from. On the back of a venture capital enabled companies in the B to C space. So we were really supporting Flipkart and Ola, Uber and Swiggy and Zomato and all of these guys.”

“We scaled to about one 50 K applicants. We had more than four million requests in 2016. We worked with 1500 recruiters, including Uber and Swiggy. We were doing like a hundred K revenue.”

“No matter how build an organic lever you build, right? Unless you have true PMF. Like when I say true PMF, I don't mean your great retention numbers and all. For me, true retention is if I shut my product down today, will 25 people line out outside of my offic…”

“And which we have done in our journey with likes of Swiggy or MPL, right? We have done such a stacking and giving them the solution, which exactly they are looking for.”

“Actually, Swiggy is already a customer. Exepto is a customer. Dunzo is a customer. So there's a lot of customers we have from Hyperloop industry. ICTC is one of the big names that work with us. We have someone like, you know, as I mentioned, Cred is one of the…”

“We should have, as in we were the first ones to do hyperlocal stuff, right? So we could have done a Dunzo, we could have done a Swiggy, we could have done all the groceries, delivery startups, all that put into one company is valuable. Right? Like, in Southeas…”

“The Swiggy experience is actually better than the Kareem experience or Grab experience.”

“We hear from Zomato and Swiggy that the kind of repeat behaviors and retentions that we have for this business is pretty much unheard of in, in in any kind of delivery space.”

“There are currently more than two million delivery boys in India across platforms like Swiggy, Zomato, Blinkit. Zepto. Big basket. 20 lakh delivery boys or girls.”

“Now when a Swiggy goes public at a more than a ten billion dollar valuation, You will find people thinking much, much bigger than what they used to in the past. So I think just the bar of the ecosystem gradually changes, but I think we are progressing there ve…”

“Swiggy where, you know, he emailed us proactively, but we already had a competing investment.”

“24 of many IPOs happened. You know, we had Ola Electric go public. We had Five Star go public in 22. Many LPs saw a lot of liquidity, Swiggy, First Cry. All of these things are great for the market, right? So that changed the narrative that this time India is …”

“I think Mukul's track record even there is exceptionally good. I think he's on the board of some seven or 10 unicorns, first cry, swiggy an academy on this, the whole list of them”

“They will have to go this year to raise money. And whenever that happens, Zomato will again take market share away.”

“Swiggy may exist, but Swiggy may be a, again, a very large company, a fifty, hundred billion dollar company, but Zomato can be a 304 105 hundred billion dollar company.”

“I think, 50 years from now, we'll not talk about Reliance Starter. We'll probably talk about Dipinder and Harsha. I hope that happens, but they would be the next role model.”