The food ordering app, Swiggy has raised INR 12 crores from venture capital firm Accel Partners and SAIF Partners. The funds will be utilized for the company expansion.
“Getting high-quality food delivered expeditiously is a huge problem in India. We tracked this space closely and found the Swiggy team doing a fantastic job in filling this need,” said Anand Daniel, a partner at Accel
The funds raised will be exclusively used to hire talent and expand its services to metropolitan cities like Mumbai, New Delhi and Chennai by the end of this year.