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

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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