India Digest: Swiggy nears $700m round; Simpl raises $40m from Valar, others

Photo: Livemint

Food delivery startup Swiggy is reportedly in the final stages of raising up to $700 million in a funding round led by global investment management firm Invesco. In another development, fintech platform Simpl has raised $40 million in its Series B funding round.

Swiggy close to raising up to $700m

Indian food delivery startup Swiggy is in the final stages of raising up to $700 million in a funding round led by global investment management firm Invesco, Bloomberg reported.

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