Swiggy is a food delivery company in India that has raised $1.3 billion in funding. How much did they get from each round? How has this affected their business?
Swiggy has raised a total of $1.3 billion in funding over 7 rounds. Their latest funding was raised on May 14, 2019 from a Series H round.
Swiggy has raised the following amounts in each round:
Series A: $2 million
Series B: $15 million
Series C: $35 million
Series D: $80 million
Series E: $210 million
Series F: $1 billion
Series H: $300 million
In May 2017, Swiggy raised $80 million in Series E funding, led by Naspers, with participation from new investor Carlos Slim Domit's Omnilife, DST Global, and existing investors Accel India, SAIF Partners, and Norwest Venture Partners.
In 2018, Swiggy raised $1 billion in funding, led by Naspers.