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1. • • Swiggy, India’s top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion, as it aggressively expands its offerings, including the instant-delivery service in the South Asian market.
     techcrunch.com/2022/01/24/indian-food-delivery-giant-swiggy-raises-700-million-at-10-7-billion-valuation/

     Indian food delivery giant Swiggy raises $700 million at $10. ...

2. People also ask

   Why did Swiggy raise its valuation?

   • The valuation hike comes as the Softbank-backed company prepares for its stock market debut later this year. In September, it resumed talks with bankers for its IPO plans after halting the process due to weak markets, Reuters reported. Invesco is a minor shareholder in Swiggy, owning barely 2% of the company.

   Invesco raises valuation of Indian food delivery firm Swiggy to $8.3

   www.reuters.com/world/india/invesco-raises-valuation-indian-food-delivery-firm-swiggy-83-bln-2024-01-05/

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   Will Swiggy IPO?

   • Swiggy has resumed talks with bankers for its IPO plans. US-based global investment management firm Invesco has increased the valuation of online food delivery platform Swiggy to $8.3 billion from $7.85 billion in October, marking the second consecutive markup, according to regulatory filings.

   Invesco raises Swiggy's valuation to $8.3 billion amid IPO buzz: Report

   www.indiatoday.in/business/story/invesco-increases-online-food-delivery-platform-swiggy-valuation-as-company-resumes-ipo-plans-2484768-2024-01-05

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   How much is Swiggy worth?

   • However, the current valuation remains below its previous value of $10.7 billion, when it raised funds in January 2022. The asset manager valued its 28,844 shares in Swiggy at $147.6 million as of October 2023. Invesco, which led Swiggy's last round of fundraising in 2022, had picked up the stake at $190.5 million.

   Invesco raises valuation of Indian food delivery firm Swiggy to $8.3

   www.reuters.com/world/india/invesco-raises-valuation-indian-food-delivery-firm-swiggy-83-bln-2024-01-05/

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   Why did Swiggy invest in instamart?

   • In a statement, Swiggy said its food delivery business nearly doubled in gross order value (GOV) in the last year. The fundraise will enable it to further accelerate growth on the core platform and make meaningful investments to grow its quick delivery business Instamart, it said.

   swiggy funding: Swiggy's valuation rises to $10.7 billion after $700

   economictimes.indiatimes.com/tech/funding/swiggy-turns-decacorn-closes-700-million-round-led-by-invesco-at-10-7-billion-valuation/articleshow/89090338.cms

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3. www.reuters.com › world › indiaInvesco raises valuation of Indian food delivery firm Swiggy ...

   www.reuters.com › world › india

   Jan 5, 2024 · U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion in October in a second straight markup, regulatory filings showed.

4. techcrunch.com › 2022/01/24 › indian-food-deliveryIndian food delivery giant Swiggy raises $700 million at $10. ...

   techcrunch.com › 2022/01/24 › indian-food-delivery

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   Jan 24, 2022 · Swiggy, India's top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion, as it.

5. Videos

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     5:10

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     What is behind Swiggy’s $10.7 billion valuation?

     Jan 25, 2022

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     3:28

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     Valuation of IPO-bound Swiggy raised to $8.3 billion by US-based Invesco

     Jan 4, 2024

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     3:33

     cnbctv18.com

     Swiggy suffers another markdown, Baron Capital cuts valuation to $6.4 billion from $10.7 billion - CNBC TV18

     May 15, 2023

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6. economictimes.indiatimes.com › tech › fundingSwiggy's valuation rises to $10.7 billion after $700-million ...

   economictimes.indiatimes.com › tech › funding

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   Jan 24, 2022 · In a statement, Swiggy said its food delivery business nearly doubled in gross order value (GOV) in the last year. The fundraise will enable it to further accelerate growth on the core platform and make meaningful investments to grow its quick delivery business Instamart, it said.

7. techcrunch.com › 2023/10/17 › invesco-raises-swiggyInvesco raises Swiggy’s valuation to nearly $8 billion

   techcrunch.com › 2023/10/17 › invesco-raises-swiggy

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   Oct 17, 2023 · Invesco, which led Swiggy’s previous round and cut its valuation to less than $5.5 billion, marked up the startup’s valuation to $7.85 billion at July’s closure, according to a newly ...

8. timesofindia.indiatimes.com › business › indiaSwiggy: Swiggy doubles valuation to $10.7 billion after $700 ...

   timesofindia.indiatimes.com › business › india

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   Jan 24, 2022 · Food delivery giant Swiggy is the fourth startup in India to become a decacorn after it raised $700 million in a round led by Atlanta-based investment company, Invesco.

9. www.indiatoday.in › business › storyInvesco raises Swiggy's valuation to $8.3 billion amid IPO ...

   www.indiatoday.in › business › story

   • Cached

   Jan 5, 2024 · US-based global investment management firm Invesco has increased the valuation of online food delivery platform Swiggy to $8.3 billion from $7.85 billion in October, marking the second consecutive markup, according to regulatory filings.

10. economictimes.indiatimes.com › tech › startupsSwiggy valuation: Invesco marks Swiggy valuation at $12.7 ...

    economictimes.indiatimes.com › tech › startups

    • Cached

    Apr 9, 2024 · A fund managed by US-based investor Invesco has marked up the valuation of food and grocery delivery company Swiggy to $12.7 billion, up 18% from the valuation at which the Bengaluru-based firm last raised money in 2022, filings made with the US Securities and Exchange Commission showed.