In this Article, MyOnlineCA will let you know about the How to Start Business Like Swiggy in India. In this smart world, too many choice or option form traditional feast out to mobile food delivery facilities like pizza hut, burger king, dominos, pizza hut and many more. The wide-ranging of hotels or restaurants with great foods/cuisines and easy to pay on this entire food delivery app that’s made our life flexible and trouble-free. So that the online food ordering and the delivery trend is at highest. Now a day’s food portal started the new revolution in food ordering industry, and these food portals like Swiggy, Zomato, foodpanda and many more.
In August 2014 swiggy was founded by Nandan ready, sriharsha majety and Rahul jaimini. Swiggis journey began from Bangalore with six administrators and 25 restaurants on its platform, After three year its scaled growth over 6000 delivery administrators across India and its started in the city like Mumbai, Chennai, Kolkata, Pune, Delhi-NCR, Bengaluru.
Most people are now feeling comfortable in online food processing through on-demand food delivery app like Swiggy. And it’s started capturing the market with specializes in providing food delivery services from the local hotel/restaurant to the customers home. Owner of the local restaurant needs to register their restaurant, and the required document and registration charges.
Now you have many questions in your mind how it work, what is the business model, how to register your business etc. so let’s start dissection on this entire topic.
The Business Model of Swiggy:-
- Swiggy generates its significant profits from commission its gather from restaurants for promotion and producing sales for restaurant and serving as a delivery partner.
- They charge the delivery fee from clients on if your order is below Rs.200 for most cities.
- They promote swiggy on both the way online and offline and mostly it supported on Facebook, Instagram, and your tubes like socials site plate forms.
- Swiggy has best investors in the markets, and from this investor, it has raised the total of 75.5 million dollars of funding.
How to Start the Business like Swiggy
1. Market Research:-
First of all, you have to do market research for a business like swiggy and find out how food delivery business system work and also check which type of vehicle and how many needed, and equipment’s, technique and its aspects work behind this type of businesses.And most important what type of government’s legal formalities you want for this business.
2. A business Plan:-
If you have completed your market research and get clear idea how its work a business like swiggy then next step of our is a business plan. In this, we need business experts how to write our business plan like, how much funds required for the business and how we secure much need funds and finance. For this fund, we take the loan from the bank/financial institutions.
3. Business Registration:-
If you are applying for the loan and it in the process then you must be involved in business registration. In this, you have to select business entity like LLP, private limited company, One Person Company, and many others, and for this, you visit government portal or any other private portal how to do all government work. With the help of Udyog Aadhar and shop act license registration, you can get the registration of your business.
4. Food Registration:-
For the deals with food items and its products and food-related any business, you have to apply for FSSAI registration, and it’s granted by the food safety and standards authority of India. For this FSSAI license registration, you can take help of myonlineca, and this website helps you online.
5. Create Mobile App and Website:-
We all know swiggy is an online food delivery app, so if you do business like swiggy, you have to create a new website and mobile app to deliver the service using the internet. Make sure that your site and mobile app designs and works excellently and well-organized. To create a website and mobile app go with professional web developer/web designer.
6. Make Marketing Strategy:-
After designing the website and mobile app to have to require traffic on this for that you have to do marketing, it can be online or offline or both, with the help of newspapers, TV ads, social media websites, digital marketing’s, you can also give discounts coupons, etc.
7. People for Business:-
In this business, you want people for client food delivery, and for the executive staff for the office. You can hire people by giving post job requirements in job portal, Hr consultants and ads in the newspaper.
After the entire step completed its time to start the business and its start with the promotion of business using marketing campaigns.
Nowadays people are more comfortable in online food ordering, so its enormous opportunities for those people how to start their online food delivery business like swiggy. If you think to start your business like swiggy, then keep it in mind all above mention entire points we discussed for successfully opening food delivery business.