Swiggy in talks to raise $50 million in funding
Food delivery startup Swiggy is reportedly in talks with potential investors including South African media company Naspers and Chinese conglomerate Fosun International to raise at least $50 million in funding. Existing investors are also likely to participate in the funding. Founded in 2014, Swiggy has raised over $75 million, and competes with the likes of Zomato, Foodpanda and Runnr.