Swiggy Raises $1.25 Billion From Softbank, Others At $5.5 Billion Valuation
RECENTLY ACQUIREDJul 20, 2021
Amount Raised
$1.25 Billion
Round Type
Funding Round
BengaluruE CommerceFashion
Description
Mumbai | Bengaluru: Online food delivery platform Swiggy said it has raised $1.25 billion from Softbank Vision Fund II, and existing investors Prosus, Accel Partners and Wellington Management, in what is its largest funding round since its inception. Post the latest financing, Swiggy is now valued at $5.5 billion, as ET reported earlier.
Who else raised in E Commerce and Fashion around the same time
Companies in the same sectors as Swiggy that raised within 45 days of this round, from Fundz verified event records.
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Company Information
Company
Swiggy
Location
Bengaluru, Karnataka, India
About
Swiggy Instamart is a quick commerce business redefining the way consumers shop in India. With a strong customer focus and brand trust, Swiggy Instamart aims to set new industry standards in the consumer internet industry.
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