Swiggy raises $100 million from Naspers, Meituan
Bengaluru-based food delivery startup Swiggy has raised $100 million in Series F funding round led by media conglomerate Naspers and Chinese e-commerce company Meituan-Dianping. The funding amount will be used to develop its technology, the startup's Chief Executive Officer Sriharsha Majety said. Swiggy was founded in 2014 by Rahul Jaimini, Sriharsha Majety, and Nandan Reddy.