News > Swiggy raises $1.25 bn in latest funding at $5.5 bn valuation
Swiggy raises $1.25 bn in latest funding at $5.5 bn valuation
LiveMint | 20/07/2021 03:30 PM | Click to read full article
Food tech startup, Swiggy on Tuesday announced the close of its latest Series J fundraise at $1.25 billion led by SoftBank Vision Fund 2, and its long-term investor, Prosus.
Post the funding, Swiggy is expected to be valued at $5.5 billion, up from $3.6 billion as of April 2020, said a person requesting anonymity. Existing investors including Accel Partners and Wellington Management also participated.
