NIFTY 50

Swiggy raises $1 billion funding led by Naspers

Updated : December 20, 2018 08:28 PM IST

Swiggy, in a statement said, it has executed definitive agreements for a $1 billion round of funding led by Naspers and saw new investors -- Tencent, Hillhouse Capital and Wellington Management Company coming on board.
The series H round also saw participation from other existing investors including DST Global, Meituan Dianping and Coatue Management, it added.
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