Swiggy investors to sell shares worth $300 million: Report
Food delivery startup Swiggy's investors are reportedly planning to sell shares worth $300 million which will be included in Swiggy's $900 million funding round. The existing investors selling their stakes include Norwest Venture Partners, Accel, Bessemer Venture Partners, and SAIF Partners, who collectively own 39% of Swiggy. The funding round is expected to value the startup at $2.5-3 billion.