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New Deal


Announced

A consortium of investors leads an $800m Series J funding round in Swiggy.

Financials

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Transaction Value£576m
Consideration TypeCash
Capital Owned-
Capital Bid For16%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Cross Border

Private

Consumer Services: Other

food delivery platform

India

Acquisition

Friendly

Pending

Private Equity

Venture Capital

Minority

Synopsis

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A consortium of investors consisting of Falcon Edge Capital, Amansa Capital, Think Investments, Carmignac and Goldman Sachs lead an $800m Series J funding round in Swiggy, a foodtech startup, valuing the company at $4.9bn. Existing investors Accel and Prosus will also take part in the fundraising round. Sovereign wealth funds GIC and Qatar Investment Authority are also expected to join the ongoing round at a later stage.

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