Swiggy raised US$700 million investment headed by Invesco

The Bengaluru-based business has now attained a value of $10.7 billion as a result of the additional funding.

Swiggy raised US$700 million investment headed by Invesco

Swiggy, a food delivery service from India, recently announced that it has secured $700 million in a fresh investment venture headed by Atlanta-based Invesco.

Several new investors joined the venture, including Baron Capital Group, Sumeru Venture, IIFL AMC Late Stage Tech Fund, Kotak, Axis Growth Avenues AIF- I, and others, according to Swiggy.