Bengaluru-based Swiggy raises $43M more for Series I round from existing, new investors Bengaluru-based foodtech unicorn Swiggy has raised an additional $43 million as a part of its earlier Series I funding round. Along with Tencent, the new investors include Ark Impact, Korea Investment Partners, Samsung Ventures, and Mirae Asset Capital Markets.
Zomato, Swiggy, Dunzo To Present Drone Delivery Plans To Government In the run-up to making drones available for civilian and commercial purposes, the Directorate General of Civil Aviation (DGCA) has now sought detailed plans from seven companies that had requested for permission for drone deliveries.
Tencent Joins Naspers in a $1 Billion Funding for India's food delivery startup Swiggy Tencent Holdings Ltd. joined Naspers Ltd. , Tencent's biggest shareholder, in a $1 billion investment in Indian food delivery service Swiggy, which gains a potentially valuable ally in China’s largest social media and gaming company.
Tencent Invest Indian Takeout Platform Swiggy It is reported that Tencent will join a number of international investors to invest in Indian takeout platform Swiggy. Swiggy has held discussions with a number of investors about raising $500 million to $700 million, with Tencent taking the lion's share of the financing. After the financing, Swiggy's valuation will rise to $2.5 billion to $3 billion.