Swiggy raises $1 bn funding led by Naspers, now valued at $3.3 bn
Bengaluru-based food delivery startup Swiggy on Thursday raised $1 billion in a funding round led by Naspers in the largest-ever investment in a food delivery company outside of China. The new round reportedly values the five-year-old startup at $3.3 billion. New investors including China's Tencent and hedge funds Hillhouse Capital and Wellington Management also participated in the funding round.