Sunday, 26 March 2017

Swiggy one time one order πŸ¦πŸ§πŸ©πŸ«πŸœπŸΈπŸŽ‚πŸ’πŸ£πŸ•πŸ΅


food follows youI was very much hungry at 4 pm today. My sister said let us Swiggy something. I picked up my phone and placed an order of an ice cream and curry puff. The order has taken just 20 minutes to reach the destination. I wondered how was that possible. I quickly picked up my phone and started learning about Swiggy.
Swiggy is a Bangalore based company which is owned by Rahul jamini, Sriharsha Majety, and Nandan Reddy. They were inspired by a thought of providing the food just by clicking smartphones. It is a food ordering delivery based company which was started in August 2014. After facing a failure in Bundl technologies Reddy and his friend Majety planned to start an own business. For the technical support, the duo met IIT Kharagpur's former alumni jamini who has quit his job from Myntra to become an entrepreneur. All three of them started to work on Swiggy. Jamini has provided routing algorithms which run Swiggy on online successfully.
Food!Food!Food!πŸ’₯πŸ’₯πŸ’₯πŸ’₯πŸ’₯
The world has become digital today. There are many companies which only run online without a physical existence. Swiggy is one among them. A person has to just download the "Swiggy app" from iOS or Android stores, then register yourself in the app and there you go to order the amazing and luscious food you wish.
How Swiggy makes money?
When you place an order, a Swiggy executive receives your order and he goes to the restaurant to pick up your order. For every order, Swiggy takes a commission of 20 to 25% and the remainings would be given to the restaurant holders.  In that way, both restaurant owners, as well as Swiggy, gets benefitted. Swiggy has generated a revenue of $2million after its inception in the first year.
Well, I tried to learn something really interesting and fascinating business plan today. The world is completely open. We have many opportunities to start a venture. Swiggy says one order one time but I say one business, one idea and one opportunity to make money forever.

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