What percentage of this 2Rs being paid to Swiggy engineers/designers/pms?
And what’s next or the breakup? Aws fee? Laptop fee? Debugging fee?
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Last FY GMV: $2.6B ~ ₹2,13,45,02,50,000.00 AOV: ₹300 Orders per day: 20,00,000 Platform fee (PF): Rs.2 Revenue from PF per day: ₹40,00,000 Revenue from PF per year: ₹146,00,00,000
AWS bill/month: ₹3,00,00,000 AWS bill/yr: ₹3,00,00,000 * 365 = ₹36,00,00,000
Tech employees: 200 Avg. salary/tech employee/yr: ₹20,00,000 Total salary burn: ₹20,00,000 * 200 = ₹40,00,00,000
Total tech salary + AWS per yr = ₹76,00,00,000 Slippage in AWS bills (horrible devops culture): ₹5,00,00,000 Slippage in Tech salary (horrible HR culture): ₹5,00,00,000 Total slippage: ₹10,00,00,000
Total w/ slippage: ₹86,00,00,000 (~59% of Revenue from PF per yr)
Technology department is a profit center of the company.
I know these data because I used to work there.
Cool
kal ko ek aur section introduce hoga
AWS charges :- This helps us to run our servers
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Incorrect calculations