Announced
Completed
Financials
Sources
Tags
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
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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