Swiggy raises $100 mn from Naspers, new China investor
8 Feb 2018 10:48 PM IST
New Delhi: Online food delivery platform Swiggy has raised $100 million (approx Rs 642 crore) in series F funding, led by global internet group and technology investor Naspers and China's e-commerce platform Meituan- Dianping.
Meituan-Dianping is a new investor in Swiggy.
With this new funding, Swiggy said it will strengthen its market leadership position by introducing a host of unique and advanced products and services.
As part of its long-term strategy of solving for existing supply gaps in the marketplace, Swiggy will also make investments in its new supply business line," the company said.
"With this funding, we will further invest in building differentiated offerings, plugging the white spaces in the ecosystem, and developing our technology while keeping superlative customer experience at the core," Swiggy CEO Sriharsha Majety said.
Next Story
