Swiggy enters unicorn club, raises $210 million from DST Global, Naspers

Food delivery continues to determine the flow of big capital in India’s startup ecosystem with Swiggy being the latest to join the race. The food delivery startup has raised $210 million in its latest round of funding with Russian billionaire Yuri Milner’s DST Global and existing backer Naspers leading a $210 million round in the firm. The round values Swiggy at $1.3 billion according to sources with direct knowledge of the development. Swiggy was last valued at $700 million in February when it raised $100 million from Naspers and Meituan Dianping.

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