Tuesday, July 20, 2021

Swiggy Raises $1.25 Billion in Funding Round Led by SoftBank Following Zomato’s IPO

Swiggy has raised another $1.25 billion (roughly Rs. 9,320 crores) in its latest funding round led by SoftBank. This comes just days after Zomato’s huge IPO drew bids worth $46.3 billion (roughly Rs. 3,45,410 crores) as it was oversubscribed more than 38 times.

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