Food-tech startup Swiggy secures $100 million funding from Naspers and others
Food-tech startup Swiggy has secured around $100 million in a new funding round that was led by South Africa-based Naspers.
Food-tech startup Swiggy has secured around $100 million in a new funding round that was led by South Africa-based Naspers.
With this, Joseph Cherian and Nabhojit Ghosh - founders of 48East, will join Swiggy to build the new supply business.
Vishal Bhatia's responsibilities will mainly revolve around bolstering Swiggy Access’ delivery-only service to eliminate inefficiencies in the existing restaurant supply chain.
Bangalore-based food delivery startup Swiggy is in talks with SoftBank as well as with Flipkart and Tencent to raise funding.
While Swiggy is proposing to acquire Zomato's food delivery business, Zomato is interested in an outright merger with share swap deal.
Swiggy is the latest amongst a slew of startups which are now looking to professionalize and strengthen its top management with appointment of experienced people.
Food-tech startup Swiggy has denied the allegations against the company which were made by its former and current employees in an anonymous blog post.
Swiggy has revamped its app, the new app will enable easier discovery of food and restaurants along with faster delivery options.
BookMyShow recently announced about their acquisition with Mumbai-based local food and restaurant recommendation engine Burrp.
Swiggy, a food-delivery platform has raised ₹500 Crore ($80 million) of funding in a round led by Naspers to counter the rival Zomato.