Swiggy vs Zomato: Founders, CEOs and History
Swiggy was founded in 2014 by Sriharsha Majety, Nandan Reddy, Rahul Jaimini and is led by Sriharsha Majety. Zomato was founded in 2008 by Deepinder Goyal, Pankaj Chaddah and is led by Albinder Dhindsa.
Company facts
Founders
Swiggy
Sriharsha Majety
Sriharsha Majety is a fiercely visionary Indian technology entrepreneur, highly strategic logistics architect, and the profoundly influential CEO and co-founder fundamentally responsible for architecting the massively dominant Swiggy food delivery empire.
Nandan Reddy
Nandan Reddy is an absolutely brilliant operations executive, fiercely skilled digital strategist, and the profoundly influential co-founder fundamentally responsible for the incredibly robust operational scaling and fleet architecture of the massive Swiggy pl…
Rahul Jaimini
Rahul Jaimini is a highly astute software engineer, fiercely visionary digital architect, and the profoundly influential CTO and technical co-founder fundamentally responsible for programming the incredibly complex infrastructural bedrock of the massive Swiggy…
Zomato
Deepinder Goyal
Deepinder Goyal co-founded Foodiebay, later Zomato, in 2008 and served as CEO until February 1, 2026. During that time he led the 2021 IPO, the Blinkit acquisition and the 2025 rename to Eternal. He is now Vice Chairman of Eternal.
Pankaj Chaddah
Pankaj Chaddah co-founded Foodiebay with Deepinder Goyal in 2008, worked on Zomato's early operations, and left the company in 2018.
CEOs and their tenures
Swiggy
- Rahul Bothra
Group Chief Financial Officer
Leads finance and investor communications, presenting Swiggy's quarterly results alongside the Group CEO.
Source - Rohit Kapoor
CEO, Food Marketplace
Runs Swiggy's food delivery business, which is adjusted-EBITDA positive.
Source - Sriharsha Majety2014–present
Co-founder & Group CEO
An alumnus of BITS Pilani and IIM Calcutta with investment banking experience at Nomura, Majety's focus on execution excellence and quick commerce built one of India's most ubiquitous consumer brands.
Source - Nandan Reddy2014–present
Co-Founder
Built the initial hyper-local restaurant logistics network and dark store supply chain that cemented Swiggy's position as India's premier food delivery platform.
Source
Zomato
- Deepinder Goyal2008–2026
Founder and Group CEO (now Vice Chairman)
Led the company from its founding until he stepped down as Group CEO on February 1, 2026. He is now Vice Chairman.
Source - Albinder Dhindsa2026–present
Group Chief Executive Officer, Eternal
Founder of Blinkit; became CEO of Eternal (Zomato's parent) on February 1, 2026, when founder Deepinder Goyal stepped down.
Source
Timeline: Swiggy and Zomato side by side
2008Zomato
Deepinder Goyal and Pankaj Chaddah launch Foodiebay, an online restaurant menu directory.
2010Zomato
Foodiebay is renamed Zomato.
2014Swiggy
Swiggy incorporated in Bengaluru by Sriharsha Majety, Nandan Reddy, and Rahul Jaimini with 6 delivery partners.
2015Swiggy
Raises $2 million Series A funding from SAIF Partners and Accel India, expanding across major Indian metros.
2018Swiggy
Becomes a unicorn after a $210 million round led by Naspers and DST Global, then raises $1 billion in December 2018 led by Naspers and Tencent.
2019Swiggy
Launches Swiggy Genie pickup-and-drop service and expands restaurant network to 100+ cities.
2020Swiggy
Pioneers grocery quick commerce in India by launching Swiggy Instamart during COVID-19 pandemic.
2020Zomato
Zomato acquires Uber Eats India in an all-stock deal.
2021Swiggy
Launches Swiggy One unified subscription program, integrating food, grocery, and delivery savings.
2021Zomato
Zomato lists on the NSE and BSE after a ~$1.09 billion (₹9,375 crore) IPO.
2022Swiggy
Acquires dining out platform Dineout from Times Internet for $120 million; raises $700M at $10.7B valuation.
2022Zomato
Zomato acquires Blinkit (formerly Grofers) in an all-stock deal.
2023Swiggy
Achieves contribution profitability in core food delivery business and expands dark store footprint.
2024Swiggy
Successfully completes $1.35 billion IPO on National Stock Exchange of India (NSE: SWIGGY).
2024Zomato
Zomato buys Paytm's movie and events ticketing business for ~$238 million (₹2,048 crore) and launches District.
2025Swiggy
Sells its roughly 12% stake in Rapido to Prosus and WestBridge for about $278 million (₹2,400 crore).
2025Zomato
Zomato Limited is renamed Eternal Limited and its stock symbol becomes ETERNAL.
2026Swiggy
Reports FY2026 revenue of ~$2.67 billion (₹23,053 crore) and a ~$482 million (₹4,154 crore) net loss; Q1 FY2027 loss narrows to ~$91.8 million (₹791 crore).
2026Zomato
Albinder Dhindsa succeeds Deepinder Goyal as Group CEO on February 1. FY26 revenue from operations reaches ~$6.31 billion (₹54,364 crore).
Acquisitions
Zomato
- Paytm entertainment and ticketing business2024$244M
- Blinkit (formerly Grofers)2022$568M
- Uber Eats India2020Undisclosed
- Runnr2017Undisclosed
Questions about Swiggy vs Zomato
Who is the CEO of Swiggy and Zomato?
Swiggy is led by Sriharsha Majety and Zomato is led by Albinder Dhindsa. Both serve as the top executive responsible for the company's strategy, operations, and financial performance.
When was Swiggy founded vs Zomato?
Zomato was founded in 2008 — 6 years before Swiggy, which was founded in 2014. Zomato's longer operating history gives it a deeper track record but also potentially more institutional inertia compared to the younger Swiggy.
How many employees does Swiggy have compared to Zomato?
Swiggy employs approximately 6,000 people, while Zomato employs approximately 7,500. Zomato has the larger workforce at 7,500 employees, compared to Swiggy's 6,000. A higher headcount does not necessarily imply greater efficiency — it often reflects differences in business model (e.g., manufacturing vs. software).
Where are Swiggy and Zomato headquartered?
Both Swiggy and Zomato are headquartered in India, meaning they operate under the same primary regulatory and tax environment.
Who founded Swiggy and Zomato?
Swiggy was founded by Sriharsha Majety, Nandan Reddy, Rahul Jaimini. Zomato was founded by Deepinder Goyal, Pankaj Chaddah.
Which company has a longer operating history — Swiggy or Zomato?
Zomato has been operating for approximately 18 years, making it the more established of the two companies. Swiggy has been in operation for around 12 years. A longer operating history often signals greater institutional resilience and brand recognition, though it can also mean slower adaptation to new market conditions.
Figures come from each company's filings and the sources linked beside them. Amounts reported in another currency are shown in US dollars at an approximate rate and marked with ~. Back to the Swiggy vs Zomato overview