Swiggy, Zomato in talks to raise fresh funds as investors line up

Swiggy, Zomato in talks to raise fresh funds as investors line up

Photo: Hemant Mishra/Mint

Less than two months after raising funds, both Swiggy and Zomato are in talks to raise more money, as investors queue up to back online food delivery start-ups, three people familiar with the matter said.

Swiggy (Bundl Technologies Pvt. Ltd) and Zomato Media Pvt. Ltd both have sufficient capital but the two companies are eager to add to their firepower due to strong interest from new investors, the people cited above said on condition of anonymity.

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