Swiggy Funding: Swiggy raises $800 million in funding at $5 billion valuation
We'll soon meet in your inbox. Please wait... Sovereign wealth funds Qatar Investment Authority and GIC of Singapore—new investors to Swiggy’s cap table—are also part of the financing round, sources in the know said. Existing backers, Prosus Ventures (formerly Naspers), its largest shareholder, and venture fund Accel also participated in the funding round, they said. The fundraise was oversubscribed due to the strong recovery following pandemic-induced disruption, Sriharsha Majety said in the email sent on Monday. “Over the last one year, thanks to all your efforts, we’ve managed t...