Swiggy raises $1b fresh capital to take on rivals in booming Indian food-tech space

Swiggy raises $1b fresh capital to take on rivals in booming Indian food-tech space

Swiggy, which entered India’s unicorn club earlier this year, has raised $1 billion in fresh capital from existing and new investors such as Naspers Ltd and Tencent Holdings Ltd, marking what is by far the biggest ever funding round in the country’s booming food-tech sector.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter