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Tag: Nandan Reddy

  • Felicity Games secures $700K pre-seed funding

    Felicity Games secures $700K pre-seed funding

    Mumbai: Felicity Games, a casual game developer and publisher, has secured a $700K pre-seed funding from DeVC, Visceral Capital and marquee angel investors including Kunal Shah of CRED, former Nazara CEO, Manish Agarwal, Sriharsha Majety, Nandan Reddy of Swiggy and Google Cloud (APAC) head of gaming Sameer Pittalwala, among others.

    Felicity was founded in 2023 by ex-Swiggy executive Anurag Choudhary with an aim to become India’s leading mobile game publisher. In under a year, Felicity has launched over 10 game titles, which are played by more than a million monthly users across 14 geographies. The company will use the funds towards testing 10 more such games by March 2025. The company aims to scale revenue by 10x by the end of this year.

    The company’s success lies in rapidly prototyping and testing casual games in partnership with Indian game developers for commercial viability using a proprietary framework called ‘Pokhran’, and accordingly scaling only the successful ones.

    Felicity Games founder and CEO Anurag Choudhary said, “Given our cost and skill advantages, Felicity Games is well placed to build a multi-million dollar casual gaming business from India for the world.”

    “Felicity has a unique vision to mobilise the growing ecosystem of Indie developers with the capability of producing high-quality game prototypes at a fraction of the cost. Felicity combines an objective approach to commercial testing with iterations on non-conventional channels to drive risk-adjusted growth for new IPs, unlocking developer friendly publishing for the indie ecosystem” said founding member Divyanshi Chowdhary from DeVC.

    Felicity recently launched two titles ‘Seek & Find’, and ‘Nova Solitaire’ which are already unit economics positive in the US and other western markets with 100,000 plus downloads within a period of three months.

    Beyond game development and publishing, Felicity Games distinguishes itself through strategic partnerships with studios and brands to co-create compelling intellectual properties (IPs). This collaborative approach not only enriches the gaming ecosystem but also expands the company’s reach and influence within the industry.

  • Swiggy partners with Goa govt for Chavath e-Bazaar 2023, boosting local businesses online

    Swiggy partners with Goa govt for Chavath e-Bazaar 2023, boosting local businesses online

    Mumbai: In its endeavour to promote a culture of entrepreneurship and support women’s self-help groups (SHG), Swiggy, India’s leading on-demand convenience delivery platform has signed an MoU with the Government of Goa to launch Chavath e-Bazaar on ‘Swiggy Minis’. This will give small-scale entrepreneurs in the state online access to thousands of consumers and help further their entrepreneurial success this festive season. The MoU was exchanged between the hon’ble chief minister of Goa Dr. Pramod Sawant and Dolly Surekha from Swiggy.

    Goa is a state with a vibrant cultural and culinary heritage. This partnership will provide income-generating opportunities to local entrepreneurs, selling over 25 local items.

    Starting on 16 September, Swiggy has created a special e-Chavath Bazaar section on Swiggy Minis, where consumers can buy festive-special homemade sweets such as modaks, nevris, laddus, and kapa as well as snacks like chaklis, papads, farsan, namkeen nevris, masalas, and pickles prepared in the Goan style from the comfort of their homes.

    Swiggy is honoured to partner with the Government of Goa for the Chavath e-Bazaar 2023. This initiative enhances accessibility and convenience for consumers, offering a seamless way to connect with local entrepreneurs. By bridging tradition and technology, it empowers entrepreneurs, especially women and self-help communities, to preserve our culture and provide wider access to Goan sweets and snacks this Ganesh Chaturthi. We’re thankful to the hon’ble chief minister Dr. Pramod Sawant and everyone involved in bringing this initiative to life. Together, we’re fostering economic growth and celebrating the vibrant spirit of Goa,” said Swiggy co-founder Nandan Reddy.

    Swiggy Minis is a platform for small-scale entrepreneurs and it has set up a special destination for the Goa Chavath e-Bazaar Stores for greater visibility and access to consumers. Swiggy is providing concerned officials with training in online order management and operations to enable a seamless experience during the festive rush.

    The MoU event was organised by the women and Child Welfare Department and brought together women entrepreneurs from across the state. 

  • Swiggy elevates Phani Kishan Addepalli as co-founder

    Swiggy elevates Phani Kishan Addepalli as co-founder

    Mumbai: Swiggy has elevated Phani Kishan Addepalli, its vice-president for strategy and investments to a co-founder’s role, the food delivery app’s CEO Sriharsha Majety announced in a blog post on Monday.

    This will make Phani the third Swiggy co-founder, joining the original co-founders Sriharsha Majety and Nandan Reddy. Another co-founder and chief technology officer Rahul Jaimini had exited in May 2020 to join Pesto Tech, a career accelerator startup.

    Phani’s elevation follows after the recent development of the company’s COO Vivek Sunder leaving in October. Majety will be overseeing the company’s food delivery business until they find a replacement.

    “Phani joined us very early on in 2015, and has been my fixer and go-to guy for many important problems for as long as I can remember. Over these 6 years, he’s probably had the record for setting up multiple high leverage functions from the ground up,” Majety wrote in the blog post.

    Majety said Kishan has played a key role in shaping the company’s value. “His energy, can-do attitude, and founder mentality are all goal-worthy for any Swiggster to succeed here and make a huge impact in the company’s future,” Majety wrote.

    “His approach to building new and enduring organisational capabilities (read superpowers) has always been a force multiplier for us, and I can’t wait to see him go on and take new challenges to build even more superpowers in the years to come,” Majety wrote.

    Kishan joined Swiggy in 2015 as general manager – strategy, analytics, CX & new initiatives. Prior to that, Kishan had a stint with companies like The Boston Consulting Group, ITC Limited, and Softeon.

  • Swiggy co-founder Rahul Jaimini moves to Pesto Tech

    Swiggy co-founder Rahul Jaimini moves to Pesto Tech

    NEW DELHI: Swiggy co-founder and CTO Rahul Jaimini has decided to give up an active role in the food-ordering-and delivering-platform to pursue another entrepreneurial venture, the company said in a statement. He will move on during the month, after serving the position for six years. 

    Jaimini will be taking up the position of co-founder at Pesto Tech, a career accelerator start-up whilst continuing to remain a shareholder and board member at Swiggy. 

    The company also shared that the functions currently led by Jaimini, including platform engineering, analytics, IT and labs, will be handed over to the head of engineering and data science Dale Vaz. 

    Swiggy co-founder and CEO Sriharsha Majety said, "Technology was crucial to what we set out to build when we started Swiggy. Nandan (Reddy) and I could not have asked for a better partner to handle this aspect of the company."

    Jaimini added, “Working with technology that has large scale impact is what excites me, and I am grateful to have had the opportunity to do just this at Swiggy and grow tremendously over the years.”