About Scootsy
Scootsy is a company based in Mumbai (India) founded in 2014 was acquired by Swiggy in August 2018.. Scootsy has raised $3.6 million across 1 funding round from investors including Swiggy, Khattar Group Companies and Stride Group. The company has 1,427 employees as of January 21, 2025. Scootsy operates in a competitive market with competitors including Swiggy, Zomato, EatSure, Tastes2Plate and JustMyRoots, among others.
- Headquarter Mumbai, India
- Employees 1427 as on 21 Jan, 2025
- Stage Minicorn
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Sectors
Consumer
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Phone
*********
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Website
*********
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Social
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- Legal Name Scootsy Logistics Private Limited
- Date of Incorporation 27 Nov, 2014
- Jurisdiction Bengaluru, Karnataka, India
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Annual Revenue
$444.05 M (USD)133.63as on Mar 31, 2023
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Net Profit
$-48.94 M (USD)-37.8as on Mar 31, 2023
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EBITDA
$-6.93 M (USD)75.35as on Mar 31, 2023
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Total Equity Funding
$3.6 M (USD)
in 1 rounds
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Latest Funding Round
$3.6 M (USD), Series A
Mar 24, 2017
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Investors
Swiggy
& 5 more
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Employee Count
1427
as on Jan 21, 2025
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Acquired by
Swiggy
(Aug 01, 2018)
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Funding Insights of Scootsy
Scootsy has successfully raised a total of $3.6M through 1 strategic funding round. The most recent funding activity was a Series A round of $3.6 million completed in March 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $3.6M
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First Round
First Round
(24 Mar 2017)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2017 | Amount | Series A - Scootsy | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Scootsy
Scootsy has secured backing from 6 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Swiggy, Khattar Group Companies and Stride Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investments are made in information, communication, and clean technologies.
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Founded Year | Domain | Location | |
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Manufacturing of brass components and trading of crucibles and raw materials in India.
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Founded Year | Domain | Location | |
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Offers personalized business, executive, and career coaching services in Melbourne.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Scootsy
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Scootsy
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Scootsy Comparisons
Competitors of Scootsy
Scootsy operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Swiggy, Zomato, EatSure, Tastes2Plate and JustMyRoots, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Food and grocery items are ordered via an online network.
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| domain | founded_year | HQ Location |
Online platform food ordering and delivery service
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| domain | founded_year | HQ Location |
Online food delivery service platform
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| domain | founded_year | HQ Location |
Operates a digital hub for food ordering and delivery services.
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| domain | founded_year | HQ Location |
Online platform to discover and order food from restaurants
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Scootsy
Frequently Asked Questions about Scootsy
When was Scootsy founded?
Scootsy was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Where is Scootsy located?
Scootsy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Is Scootsy a funded company?
Scootsy is a funded company, having raised a total of $3.6M across 1 funding round to date. The company's 1st funding round was a Series A of $3.6M, raised on Mar 24, 2017.
How many employees does Scootsy have?
As of Jan 21, 2025, the latest employee count at Scootsy is 1,427.
What is the annual revenue of Scootsy?
Annual revenue of Scootsy is $444.05M as on Mar 31, 2023.
What does Scootsy do?
Scootsy was founded in 2014 in Mumbai, India, as an online platform in the delivery sector. Local food orders from nearby restaurants and grocery purchases from stores are enabled for customers. Services extend to stationery, clothing items, and parcel deliveries within the region. Operations focus on urban areas to support quick, on-demand logistics.
Who are the top competitors of Scootsy?
Who are Scootsy's investors?
Scootsy has 6 investors. Key investors include Swiggy, Khattar Group Companies, Stride Group, Agnus Capital, and Khattar Capital International.
What is Scootsy's valuation?
The valuation of Scootsy is $4.99M as of Mar 2017.
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