Swiggy on Thursday said it has closed a $1 billion funding round, led by existing investor Nasper, a move that will give the food delivery platform more muscle to compete against players like Zomato and FoodPanda.
Swiggy, in a statement said, it has executed definitive agreements for a $1 billion round of funding led by Naspers and saw new investors -- Tencent, Hillhouse Capital and Wellington Management Company coming on board.
The series H round also saw participation from othe...
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