India’s Swiggy Raises $1 Billion In Naspers Led Funding Round

• Radhakrishna N S
• 20 December, 2018

By: Radhakrishna N S

Indian based online food delivery service provider, Swiggy said on Thursday (20) that it has raised $1 billion in its latest funding led by South African internet firm Naspers Ltd. Naspers, a global internet and entertainment group and one of the largest technology investors in the world, announced that it has executed definitive agreements to lead a $1bn Series H round in Swiggy, Naspers said in a statement. Swiggy India’s food delivery platform located in India’s Southern city, Bengaluru, is valued at a little over $3bn after the current funding round, media reports said. The current funding round includes participation…

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