Swiggy raises $100 million from Naspers, others - News Summed Up

Swiggy raises $100 million from Naspers, others


Swiggy is also upgrading its core technology platform, especially in the areas of machine learning and artificial intelligence. Photo: Hemant Mishra/MintBengaluru: Online food delivery start-up Swiggy Thursday said it has raised $100 million in a funding round led by South African media company Naspers Ltd Bundl Technologies Pvt. Under the new supply vertical, the company launched ‘Swiggy Access’ last November, which helps restaurants to set up cloud kitchens in neighbourhoods where they don’t already operate. The company is also upgrading its core technology platform, especially in the areas of machine learning and artificial intelligence. “As India’s leading food ordering and delivery platform with a network of thousands of restaurants and millions of users, Swiggy has become part of consumers’ everyday lives.


Source: Mint February 08, 2018 07:41 UTC



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