Swiggy closing $800 mn funding
Swiggy is closing $800 million (round Rs 5,862 crore) in funding with Falcon Edge Capital, Amansa Capital, Think Investments, Carmignac and Goldman Sach becoming a member of as new buyers, in response to an e-mail despatched by firm’s co-founder and CEO to its workers.
The deal pegs the valuation of the corporate near $5 billion, sources in know of the matter mentioned.
“It gives me great pleasure to inform you all that as a part of our recent efforts, we’re closing around $800 million in financing. Some of the world’s best financial investors like Falcon Edge Capital, Amansa Capital, Think Investments, Carmignac and Goldman Sachs, are joining us as new investors this time,” Swiggy co-founder and CEO Sriharsha Majety mentioned within the e-mail.
