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New Deal


Announced

Completed

Invesco led a $700m Series K funding round in Swiggy.

Financials

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Transaction Value£515m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Tags

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Friendly

Venture Capital

Cross Border

Private

Completed

Single Bidder

Consumer Services: Other

food delivery platform

India

Acquisition

Minority

Private Equity

Delivery Services

food ordering app

Synopsis

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Invesco led a $700m Series K funding round in Swiggy, with participation from Baron Capital Group, Sumeru Venture, IIFL, Kotak, Axis Bank, Sixteenth Street Capital, Ghisallo, Smile Group, Segantii Capital, Alpha Wave Global and Qatar Investment Authority. “As long-term investors, the Invesco Developing Markets fund seeks investment opportunities in the best companies in the world, led by world-class management teams, and that have the potential for long-term structural growth. Our investment in Swiggy represents such an investment,” sJustin Leverenz, Invesco Developing Markets Fund Chief Investment Officer.

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