Indian food delivery giant Swiggy in talks to raise funds at over $10 billion valuation

Indian food delivery giant Swiggy in talks to raise funds at over $10 billion valuation

3 years ago
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https://techcrunch.com/2021/09/27/indian-food-delivery-giant-swiggy-in-talks-to-raise-funds-at-over-10-billion-valuation/

Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion, two sources familiar with the matter told TechCrunch.

Atlanta-headquartered Invesco is in talks to lead — or co-lead — the new financing round in the Bangalore-based startup, which counts SoftBank Vision Fund 2, Falcon Edge Capital, and Prosus Ventures among its existing investors, sources added.