India’s unicorn tally is expected to hit 50 by 2025, with a mix of firms that meet local consumer needs and businesses making crucial enterprise sof
The firm had suspended the service a year back following the murder of a female passenger by her Didi driver.
The move comes on the heels of an overall $250 million investment in GOJEK.
The enterprise software segment is heating up as investors scour the industry for India’s next startup giants.
The partnership will sharpen its focus on cashless payments, a key frontier in the region's super app battle.
RA Hospitality is most likely jointly owned by Agarwal, SoftBank, and other financial institutions.
Its expansion into grades I-III and entry in the US have contributed to the valuation jump, investors said.
The financing is likely to push Swiggy's valuation to $4 billion from $3.3 billion previously.
The company raised around $1 billion earlier this year. It is valued at up to $10 billion, said sources.
Through the partnership with SCB, GET users can top up their GET PAY credits via the SCB digital banking app.
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