Wed, Apr 10, 2024
Swiggy's valuation increased before IPO Invesco increased Swiggy's valuation for the third consecutive time, from $8.5 Bn in October'23 to $12.7 Bn.
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Tue, May 09, 2023
Swiggy, the food delivery giant, has suffered yet another setback as its valuation has been slashed to $5.5 billion by Invesco. This marks a significant drop from earlier when the company was valued at $8.2 billion. In this video, we explore what’s going on with Swiggy and why its valuation has been reduced.
Thu, Oct 20, 2022
Swiggy's quick commerce platform Instamart, which witnessed a "10-fold" increase in orders in Kolkata over the last 12 months, is keen to tap the "huge demand" in several other cities in the east and northeast, a top company official said.
Mon, Jan 24, 2022
The food delivery platform Swiggy announced on Monday that it had raised USD 700 million (approximately Rs 5,225 crore) in new funding, led by investment firm Invesco. The funds will mainly be used to advance its core platform and grow its quick commerce grocery service Instamart.
Thu, Dec 20, 2018
"Swiggy will use the funds to bring more quality food brands closer to consumers and address gaps in supply through delivery-only kitchens," the company said.
Tue, May 30, 2017
Online food delivery platform Swiggy today said it has raised $80 million (over Rs 517 crore) in series E funding led by global internet group and technology investor Naspers.
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![Swiggy Instamart witnessed "10-fold" increase in orders from this city; keen to tap growing demand in east India](https://cdn.zeebiz.com/sites/default/files/styles/zeebiz_160x90/public/2022/10/20/206609-swiggy-instamart.jpg?itok=Pr-qLE5G&c=22a12e4955a45ac46b05732047323c73 "Swiggy Instamart witnessed "10-fold" increase in orders from this city; keen to tap growing demand in east India")
