Announced
Completed
Financials
Sources
Tags
Minority
Completed
Acquisition
Single Bidder
Private Equity
Friendly
Private
Cross Border
Consumer Services: Other
food delivery platform
India
Venture Capital
Synopsis
Food delivery companies Prosus and Meituan led a $156m Series I round in Swiggy, a food delivery startup. Additional investors include Wellington Management, Tencent Holdings, Samsung Ventures, Mirae Asset Capital, Korea Investment Partners, and ARK Impact. “Over the last couple of years at Swiggy we have made strong strides in our vision of delivering unparalleled convenience to urban consumers, and in building a fundamentally strong and enduring business while keeping the consumer at the core. We have become synonymous with exceptional customer experience and created multiple growth avenues for our partners while continuing to invest in new lines of business,” Sriharsha Majety, Swiggy CEO.
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