Swiggy has raised $210 million
After raising $100 million in F series funding in February from Meituan Dianping and South African Internet giant Naspers, swiggy said it has raised $ 210 million in a fresh G series funding led by existing investor Naspers and a new investor DST Global.
Swiggy, CEO, Sriharsha Majety said “This investment will help us to increase Swiggy’s offerings and improving the delivery mechanism.”
“We will continue to intact interest of our global investors and to provide best service to our consumers and making our services more convenient and hassle” he added.
Larry Illg, CEO of Naspers Ventures, said, “Swiggy’s technology is best in market and its combined business model is unique to cater the demands of the Indian customers that enable the company to provide best services.”
This new capital funding will make Swiggy a leader in food delivery platform in India, and will ensure to broaden up their platform to reach maximum customer across India.” he added.
Managing Partner, DST Global, Saurabh Gupta said Swiggy is reason to revolutionaries the food chain in India and its growth rate is a positive influence. We are happy to partner with Swiggy and will continue to help swiggy to make it on-demand commerce platform in India.”
Swiggy an internet start-up of 2014 operating in 15 cities with more than 35000 restaurants partners and a delivery fleet of over 40,000 partners is becoming leader in food chain market. Rival Zomato recently received an investment of $150 million from Alibaba Group to compete with swiggy.

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