About 11 years ago, Swiggy started off its journey- first delivery- from Koramangala.
Photo Credit: Reuters
Bengaluru: City-headquartered food and grocery delivery platform Swiggy will move its headquarters from the present Embassy Tech Village, Bellandur, to Sumadhura Capital Towers in Whitefield, in another couple of months.
Sources in the know said since the contract will be ending in Bellandur, Swiggy has planned to move to a better spacious place in Whitefield and that employees also prefer Whitefield for social reasons.
"Whitefield is a good social set up and this is nothing related to traffic because traffic on Outer Ring Road (ORR) has been there for at least three years now. Moreover, the new place will be near the Kadugodi metro station and employees are preferring it," sources added.
Swiggy, which has been on ORR for more than 6 years now, employs more than 2,000 people. About 11 years ago, Swiggy started off its journey- first delivery- from Koramangala. It got listed on the stock market in November 2024.
Swiggy co-founder and group CEO Sriharsha Majety during IPO announcement recalled how they had to close with zero order on the first day and that they distributed pamphlets of the app near Jyoti Nivas College in Koramangala. Truffles was one of the early partners of Swiggy, and slowly, the food delivery platform started partnering with restaurants in and around Koramangala.
Swiggy’s net loss stood at Rs 1,092 crore for the quarter ended September 2025. Its revenue from operations stood at Rs 5,561 crore, a 54% increase compared to Rs 3,601 crore in the same quarter last year. The aggregator will also be raising Rs 10,000 crore through a qualified institutional placement (QIP).
Apart from Swiggy, in September, logistics tech company BlackBuck co-founder and CEO Rajesh Yabaji announced that they are moving out of ORR due to potholes & dust, coupled with the lowest intent to get them rectified.
He later clarified that they will continue to remain in the city and that they are moving out only from Bellandur.
Whitefield now remains one of the popular choices for both offices and residential properties. "People prefer to invest in Whitefield due to the connectivity factor too. The locality is connected to prominent sectors of Bengaluru by two four-lane roads - namely Whitefield Road via Mahadevapura and Varthur Road via Marathahalli. Apart from this, the place is also well connected by HAL old airport road, and the NICE Road. The Metro Rail project is one of the biggest drivers of property prices," said Anjana Sastri, Director – Marketing, Sterling Developers.