Swiggy becomes decacorn, valuation crosses $10.7 bn in new funding round

In the past few months, Swiggy has expanded Instamart to 19 cities


Swiggy (Photo: Bloomberg)

Food-delivery giant Swiggy has raised $700 million in Invesco-led new funding, which, according to sources, has made the outfit a decacorn, almost doubling its valuation to $10.7 billion.

Swiggy’s latest valuation

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