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Swiggy Raises $210-Mn from Naspers, DST Global

Swiggy, an Indian online food delivery service provider has raised another USD 210 million, led by South African internet and entertainment group Naspers Ltd and Hong Kong-based internet investment group DST Global.

The company’s existing shareholder Meituan-Dianping, and new investor Coatue Management also participated in the Series G funding. Swiggy will use the funds to expand its supply chain network and double its technology headcount. Moreover, the company has so far raised USD 465 million in seven rounds of funding.

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