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Swiggy gets Rs 512 crore on its platter

The South African firm had earlier invested in Delivery Hero, parent of Foodpanda

Swiggy
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(Left to right) Swiggy co-founders Sriharsha Majety, Rahul Jaimini and Nandan Reddy

Alnoor Peermohamed Bengaluru
South African Internet conglomerate Naspers has led a $80-million (Rs 512 crore) funding round in online food ordering and delivery platform Swiggy, marking the firm’s second large investment in the Indian food tech space within a month.

Earlier this month, Naspers invested $431 million in Delivery Hero, the German food ordering and delivery platform and Foodpanda’s parent. FoodPanda, which has a significant presence in India, said a part of that investment would be routed to it.

Naspers, which has backed big Indian e-commerce firms such as Flipkart and OLX in the past, is now apprentally looking to make a major presence in