NextBigWhat brings you curated insights and wisdom on product and growth from the wild web.

Over 2 million people receive our weekly curated insights.

Newsletter

Newsletter

Swiggy Secures INR 12 crores in funding from Accel and SAIF Partners

swiggyThe 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.
[source]
 

Add comment