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Naspers invests $80m in Indian startup

June 2, 2017

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Internet and media group Naspers announced this week that it had invested $80-million in online food ordering and delivery platform Swiggy in its Series-E funding round.

During the five rounds of funding, Swiggy has all together raised $155.5m.

Swiggy launched in 2014 in Bengaluru, India. Today the platform covers eight cities, namely: Bengaluru, Delhi, Mumbai, Bangalore, Chennai, Hyderabad, Pune and Kolkata.

The platform has over 1,000 employees across all functions such as sales, marketing, technology and customer service with 13,000 delivery executives.

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