Sequoia Capital and Tiger Global led a $24m Series B round in UrbanPiper.

Private equity firms Sequoia Capital and Tiger Global led a $24m Series B funding round in UrbanPiper, a one-stop restaurant management platform, with participation from Swiggy and Zomato. ‍“The restaurant industry is growing at an exponential rate, offering us a huge opportunity to create value and shape the next generation of restaurant businesses. With this investment, we will continue to widen UrbanPiper's offerings to meet many more digital opportunities in the restaurant ecosystem, along with bolstering our platform capabilities. We are grateful to see both Swiggy and Zomato come together and participate in this round; a huge validation that what we are building is adding a lot of value to the food ecosystem," Saurabh Gupta, UrbanPiper CEO.