India: Swiggy in talks to raise $50m in fresh funds

India: Swiggy in talks to raise $50m in fresh funds

Online food delivery start-up Swiggy (Bundl Technologies Pvt. Ltd) is in talks with potential investors to raise at least $50 million in fresh funding, a move that is likely to give the company significant financial heft over rival Zomato Media Pvt. Ltd, said two persons aware of the development.

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