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Swiggy raises $700M investment led by Invesco reach at a valuation of $10.7B

Swiggy, the foodtech unicorn, has secured $700 million from Invesco, six months after raising $1.25 billion. Swiggy is now worth $10.7 billion, up from $5.5 billion previously. This investment comes at a time when food and online grocery are becoming more popular, and consumer demand for Swiggy’s services is increasing. While the food delivery business … Read more