Swiggy in talks to raise about Rs 5,175 crore in latest round of funding, says report
Updated : August 02, 2019 10:22 AM IST
As per the sources, Naspers may pump around $350 million, while a consortium of Korean investors, including STIC Investments and Korea Omega Investment, will invest $50 million, the report said.
The latest round of funding will value the online food platform at around $4 billion, a second source told Mint.
Have you signed up for Primo, our daily newsletter?It has all the stories and data on the market, business, economy and tech that you need to know.
THANK YOU! You made our day. See you every morningYOUR EMAIL IS ON ITS WAY. Check your inbox for future updates.
To keep watching CNBC-TV18, India's No. 1 English Business News Channel, call your Cable or DTH Operator and subscribe now for just Rs. 4 per month. You can also subscribe to CNBC-TV18 Prime HD for Re 1/- per month.Find out more