News

Swiggy Raises $100 Million Funding Through Naspers & Meituan-Dianping

Sponsored

Swiggy has been taking the startup world by a storm and they show no sign of stopping!  Swiggy said it has raised $100 million in a Series F funding round led by Naspers, the global internet and entertainment group. New investor Meituan-Dianping, China’s largest group-buying and restaurant review service, is the new investor in this round.

Swiggy plans to use this funding to strengthen its market leadership position by introducing a host of unique and advanced products and services. They will also make investments in its new supply business line to solve existing supply gaps in the marketplace.

Related Post

“We want to continue to bring convenience, choice and reliability to our users as we fulfil our mission of ‘changing the way India eats’,” said Sriharsha Majety, CEO of Swiggy, in a statement.

“The company’s performance is all the more impressive given the intense competition we see in the food ordering and delivery business in India,” said Larry Illg, CEO, Naspers Ventures, in a statement.

Christina George

Compulsive junk food eater, football watcher, and book reader. Hate the unicorn trend, love laughing at my own jokes; also, sometimes I write about food.

Share Now
Published by

Recent Posts

SMOOR EID special products

EID Hamper by SMOOR This Ramadan, gift delights thoughtfully handpicked by SMOOR. Bring home hampers…

2 months ago

This Independence Day, National Geographic to premiere ‘Buried Seeds’; the inspiring journey of world-renowned Indian Chef Vikas Khanna

“Buried Seeds uncovers many memories and emotions that were hidden inside me for so long”…

11 months ago

What’s cooking between National Geographic and Chef Vikas Khanna ahead of Independence Day

  National Geographic, a brand known for its rich legacy of authentic and impactful storytelling…

11 months ago

7 Appliances That Will Make Your Time In The Kitchen A Little Easier

  The world today has no time to stop and no time to waste. Everything…

11 months ago

Coverture Chocolates : SMOOR

  A brand that crafts the ultimate indulgence experiences with couverture chocolates brings a set…

11 months ago

Hilton Honors Unveils Exclusive Offer for Dining ‘Like a Member’

Members to receive exclusive access to attractive perks and privileges at Hilton dining establishments in…

12 months ago