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Swiggy raises $343 Mn in first tranche of Series J funding from Goldman Sachs, Others

Shortpedia

Content Team
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Foodtech major Swiggy has raised close to $343 Mn as part of its Series J funding round through a slew of investors. The fundraising is part of the $800 Mn funding round that is expected to value the company at close to $5 Bn. The round was announced internally by Swiggy cofounder and CEO Sriharsha Majety last week. Netherlands-based MIH India Food Holdings led the round by investing INR 909.5 Cr, followed by INQ Holding.