Flipkart may invest $50 mn in food delivery startup Swiggy
E-commerce startup Flipkart is investing $50 million (over â¹326 crore) in Bengaluru-based food delivery startup Swiggy, according to reports. Chinese internet conglomerate Tencent might also invest in Swiggy, expanding the size of funding to $100 million (over â¹650 crore), reports added. Earlier reports also suggested that Flipkart was in talks to invest in online furniture startup Urban Ladder.