Swiggy raises $700 mn in fresh funding round led by Invesco
With the new fundraise, the Bengaluru-based company has now reached a valuation of over $10.5 billion, according to sources.
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With the new fundraise, the Bengaluru-based company has now reached a valuation of over $10.5 billion, according to sources.
Swiggy’s existing investors Alpha Wave Global, Qatar Investment Authority, ARK Impact, and Prosus also joined.
Food delivery platform Swiggy on Monday said it has raised $700 million (nearly Rs 5,225 crore) in new funding, led by investment firm Invesco
Swiggy had raised a massive $1.25 billion six months ago.
New Delhi, Jan 24 (IANS) Food delivery platform Swiggy on Monday said it has raised $700 million led by Invesco, which will be utilised to scale its overall