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Indian regulator CCI approves Softbank’s $450m investment in Swiggy July 13, 2021 India’s market watchdog, Competition Commission of India (CCI) has approved a $450 million investment from Japanese-conglomerate Softbank into Bundl Technologies, parent of food tech unicorn, Swiggy. This is a part of the ongoing Series J round, which saw the likes of new investors including Falcon Edge Capital, Amansa Capital, Think Investments, Carmignac and Goldman Sachs, invest close to $800 million in the six-year-old startup, earlier in May this year. On Monday, CCI wrote on microblogging website Twitter, that it has approved the investment. “The Commission approves the proposed acquisition of a certain stake in Bundl Technologies (Swiggy) by SVF II Songbird (SoftBank Group entity),” read CCI’s tweet.

Nandan reddyPhani kishanRahul jaiminiHarsha majetyPhani kishan addepalliSvf ii songbird softbank groupQatar investment authorityGoldman sachsFalcon edge capitalAmansa capitalThink investmentsBundl technologiesSoftbank groupVivek sunderPesto techநந்தன் சிவப்பு