India’s largest online food ordering startup Swiggy has raised $210 million in fresh funding from new and existing investors led by South African media company Naspers Ltd and Russia’s DST Global, months after the Bengaluru-based startup raised $100 million from Naspers. Chinese internet firm Meituan-Dianping, which had participated in the previous round, has also invested in the latest funding round, along with new investor Coatue Management.
Swiggy, run by Bundl Technologies Pvt. Ltd and by far India’s best-funded food-tech startup, plans to use the funds to ramp up its supply chain network and expand to new markets, it said in a statement.
