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Swiggy raises $100mn in funding from global players

IANS  |  New Delhi 

and delivery platform on Thursday said that it has raised $100 million in Series F funding from global players, and Meituan-Dianping.

"Led by Naspers, a global internet and group... The series also includes new investor Meituan-Dianping, China's largest service platform," said in a press release.

As part of its long-term strategy of solving for existing supply gaps in the marketplace, will also make investments in its new supply line, it said.

"With this funding, we will further invest in building differentiated offerings, plugging the white spaces in the ecosystem, and developing our technology while keeping superlative customer experience at the core," said Sriharsha Majety, CEO, Swiggy.



(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Thu, February 08 2018. 12:08 IST