News > Indian food delivery giant Swiggy in talks to raise funds at over $10 billion valuation

Indian food delivery giant Swiggy in talks to raise funds at over $10 billion valuation

28/09/2021 04:49 PM | Click to read full article

Indian food delivery startup Swiggy is in talks to raise over $500 million in a new financing round that could value it at over $10 billion.

Atlanta-headquartered Invesco is in talks to lead — or co-lead — the new financing round in the Bangalore-based startup, which counts SoftBank Vision Fund 2, Falcon Edge Capital, and Prosus Ventures among its existing investors, sources added.