Swiggy is reportedly seeking $200 million investment from US-based private equity fund Carlyle Group at a valuation of $4.5 billion. This will be a significant jump in valuation from $3.3 billion when it raised $1 billion round led by Naspers in December 2018.
The foodtech unicorn will use the fresh capital to grow its delivery fleet, expand food to other delivery services and enhance its hyperlocal services. (Source)
Economics graduate from Lady Shri ram college for women, Delhi university, I am here at Entrackr to begin the journey of gaining knowledge about the world of internet entrepreneurs and sharing my own ideas and views using my domain knowledge in the real life.
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