Food ordering and delivery platform, Swiggy has raised $15 million in a Series D funding from Bessemer Venture Partners.
Existing investors also participated in this round. This is close on the heels of the Series C funding of USD 35 million raised in January 2016, from existing and new investors, including New York-based investors Harmony Partners and Singapore-based RB. This investment takes the total funds raised by India’s largest food ordering platform to USD 75.5 mn.
The freshly raised funds will fuel Swiggy’s next growth phase, with an improved customer experience at its core. This will include technology upgrades, a wider spread of restaurants to choose from and better delivery efficiency.