Swiggy raises Rs 325 crore

New Delhi  07.04.2020

Food ordering and delivery platform Swiggy on Monday said it has raised an additional amount of $43 million (over Rs 325 crore) as part of its ongoing Series-I funding round. The size of the round now stands at $156 million.

In February 2020, Swiggy raised $113 million (over Rs 805 crore) in the funding round led by existing investor Prosus N.V. along with participation from Meituan Dianping and Wellington Management Company. Along with existing investor Tencent, new investors Ark Impact, Korea Investment Partners, Samsung Ventures and Mirae Asset Capital Markets have participated in the latest fund raise. PTI