Sriharsha Majety (Co-Founder and CEO-Swiggy) - Net Worth | Age | Education | Date of Birth | Wife and Family | Salary | Birth Place | House |
Sriharsha Majety-
He is the Co-Founder and the Chief Executive Officer (CEO) at Swiggy (India's largest online food ordering and delivery platform). Sriharsha Majety Co-founded Swiggy in August 2014, with Nandan Reddy (Nandan is a BITS-Pilani alumnus). They then also brought Rahul Jaimini of IIT-Kharagpur onboard as another Co-founder.
NAME : Sriharsha Majety
EDUCATION : M.Sc. in Physics and Bachelor of engineering (B.E) in Electrical and Electronics from
PROFESSION : Co-Founder and the Chief Executive Officer (CEO) at Swiggy.
MARTIAL STATUS : Married
Net Worth : As of April 2020, Swiggy was valued at $3.6 Billion. Mr. Majety's Net Worth has not been disclosed.
EDUCATION
M.Sc. in Physics and Bachelor of engineering (B.E) in Electrical and Electronics from
CAREER
Sriharsha and Nandan Reddy initially founded a company known as Bundl Technologies on August 2013. They wanted to democratize shipping and intended to provide the fastest way for people to make shipments across the country. But unfortunately they had to shut down their first venture within a year. They later stated “That’s when we knew that we had to change our focus and it wasn’t worth the opportunity cost. Thankfully, we didn’t have any employees, investors and liabilities at that time.”
But learning with their failures, they later founded Swiggy (a food delivery platform) that was original and incomparable with the existing ones. Swiggy soon established itself as the largest online food ordering platform in the country (India), some of the unique merits of Swiggy include lightning fast deliveries, live order, no restrictions on order amount, and providing the comfort of giving them their most favorite food to the customers wherever they are.
SOME FACTS ABOUT SRIHARSHA
1. He comes from a family of Entrepreneurs. Since he was a child, he also wanted to start his own company someday.
2. As per media reports published in April 2021, Swiggy may have raised 800 million USD as part of its Series J round of funding, valuing the company at close to 5 billion USD, which is around 36500 Cr in INR. At assumed 5% holding in the company, Swiggy CEO Sriharsha's net worth is estimated to be Rs. 1825 crores.
3. His first company Bundl Technologies Pvt Ltd unfortunately failed.
SOCIAL MEDIA ACCOUNTS OF SRIHARSHA
Twitter : @harshamjty
LinkedIn : Sriharsha M.
So guys, this marks the end of our article about Sriharsha Majety.