Swiggy raises $1.25 bn at $5.5 bn valuation1 min read 20 Jul 2021, 01:51 PM IST
Swiggy's Series J fundraise was led by SoftBank Vision Fund 2, and its long-term investor, Prosus. Existing investors including Accel Partners and Wellington Management also participated
Bengaluru:Swiggy said it has raised $1.25 billion from investors, including SoftBank and Prosus, nearly matching the funds raised by rival Zomato in an initial public offering (IPO), as the two companies battle to dominate India’s food delivery market.
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