India: Swiggy close to raising $900m in fresh funding from Naspers, Tencent

India: Swiggy close to raising $900m in fresh funding from Naspers, Tencent

India’s largest food delivery service Swiggy is close to signing a term sheet to raise $900 million from a group of investors led by South African technology conglomerate Naspers at a pre-money valuation of $2.5 billion, TechCircle reported on Thursday.

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