sumer juneja

[Madhav Chanchani @madhavchanchani]

🚨 The story of Swiggy’s cap table 🧮

A pivotal moment for Swiggy and founder Sriharsha Majety arrived with their Series B round in mid 2015—a $17 mn raise led by Norwest Venture Partners at a $53 million valuation.

While this funding round helped set Swiggy on its path, it also forged two key connections that would shape the company’s journey over the next decade.

Sumer Juneja, then a principal at Norwest, led the deal. Years later, after becoming SoftBank Investment Advisers India’s head, Juneja would return to Swiggy with a major $500 million investment in 2021.

But Juneja wasn’t the only advocate Swiggy gained in 2015.

Ashutosh Sharma, a colleague at Norwest, initially urged Juneja to consider Swiggy while scouting the food delivery space. Sharma later became head of Prosus Ventures (then Naspers) in India and, from there, directed one of the largest single bets of over $1 billion on #Swiggy, creating a long-standing partnership with an investor that remains a central part of Swiggy’s success story.

We break down Swiggy’s cap table to reveal how these early connections evolved into massive investments and how all the investors have fared with the company’s massive IPO.

https://t.co/KPOzcbyNgV

#IPO #unicorns #india #startups #swiggyipo

[sumer juneja @sumerjuneja]

@MrBeast No takesies backsides

[sumer juneja @sumerjuneja]

@harshamjty Great going Swiggy and Harsha, what a journey and much more to come

[ETtech @ETtech]

⚡️@mindtickle CEO Krishna Depura and SoftBank Investment Advisers' @sumerjuneja list their top-five learnings on SaaS category creation from their journey so far.

https://t.co/kPKjwJJiQ2

[Forbes India @ForbesIndia]

SoftBank India's @sumerjuneja & Co were hunting for something unique to place the next bet. @Meesho_Official's @viditaatrey told them the story of Anu aunty. To know more about this cover story by @SarkarMania & @itsmerajiv_07, subscribe to Forbes India https://t.co/1ZaBdyTb75

[sumer juneja @sumerjuneja]

@viditaatrey @harshilmathur @Razorpay @Sequoia_India @gicsingapore @RibbitCapital @matrixindiavc Congratulations!

[sumer juneja @sumerjuneja]

Super excited to be part of this story and the team!

[Vidit Aatrey @viditaatrey]

Super proud to announce that SoftBank Vision Fund is leading our $300M round at $2.1B valuation and partnering in our vision of enabling 100M Small Businesses in India to succeed online. @sumerjuneja @Sarthak_Misra1

A thread on past and future! 🧵

https://t.co/NnQPYEfnI1

[Unacademy @unacademy]

The sound of success is loud.
But the silence of hard work speaks louder.
So, rekindle the dreams,
Rebuild the path.
Those who crack it seldom give up,
For passion is undefeatable.

#TheGreatestLesson feat. @sachin_rt
#SachinUnacademyFilm

[sumer juneja @sumerjuneja]

@mukularora @gauravmunjal @RomanSaini @hemezh @unacademy Thank you @mukularora , look forward to working with you again!

[sumer juneja @sumerjuneja]

Excited to be part of this journey. Unacademy is truly democratizing education via product innovation. Let’s crack it!

[Gaurav Munjal @gauravmunjal]

Unacademy Group has raised $150M in a round led by Softbank valuing us at $1.45B post the funding. Great to have them onboard as a partner in our journey.

Our existing investors General Atlantic, Sequoia India, Nexus, Facebook and Blume also participated in the round.

[sumer juneja @sumerjuneja]

@mukularora @tarun_davda @avnish @matrixindiavc @VikramV23 Nice. Congratulations.

[sumer juneja @sumerjuneja]

Proud to be part of swiggy @swiggy_in @shearsha https://t.co/PjOWP56xkI

[Sriharsha Majety @harshamjty]

Here's our response to the blog, very proud to be building this company and the value systems we've built it with!

https://t.co/nIw1zEdwLq

[sumer juneja @sumerjuneja]

Naspers gobbles up another food delivery startup with $80M https://t.co/aArap2sMet # via @techcrunch congratulations @swiggy_in

[sumer juneja @sumerjuneja]

Naspers gobbles up another food delivery startup with $80M https://t.co/aArap2sMet # via @techcrunch congratulations @swiggy_in