Naspers invests in Swiggy

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Naspers invests in Swiggy

Indian startup Swiggy has raised $210 million in a round led by South Africa’s Naspers Ltd. and investment house DST Global, setting a stage for a battle between well-funded players in the sizzling food-delivery sector.

The financing values the four-year-old startup at well over $1 billion, according to people familiar with the deal.

[from Bloomberg]
 
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