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 |
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.
| 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 |
Investments & Acquisitions by Scootsy
Financial Statements - Scootsy
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.
| 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
|
Frequently Asked Questions about Scootsy
Scootsy was founded in 2014 and raised its 1st funding round 3 years after it was founded.
Scootsy is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
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.
As of Jan 21, 2025, the latest employee count at Scootsy is 1,427.
Annual revenue of Scootsy is $444.05M as on Mar 31, 2023.
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.
Scootsy has 6 investors. Key investors include Swiggy, Khattar Group Companies, Stride Group, Agnus Capital, and Khattar Capital International.
The valuation of Scootsy is $4.99M as of Mar 2017.