Swiggy enters unicorn club with $210 million funding from Naspers2 min read 21 Jun 2018, 11:54 AM IST
The latest funding, led by Naspers and Yuri Milner's DST Global, values Swiggy at roughly $1.3 billion, surpassing rival Zomato's $1.1 billion valuation
Bengaluru: Swiggy raised $210 million from a group of investors, catapulting India’s largest food delivery service provider into a select club of startup unicorns with a valuation of $1 billion or more. The latest funding, led by Naspers and billionaire Yuri Milner’s DST Global, values Swiggy at roughly $1.3 billion, surpassing rival Zomato’s $1.1 billion valuation based on a February fund-raising round. China’s Meituan-Dianping has also invested in the latest funding round, along with new investor Coatue Management.
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