BENGALURU : Online food delivery startup Swiggy has secured a fresh ₹804.68-crore ($112-million) in a round led by South African internet giant Naspers. Documents filed with the ministry of corporate affairs (MCA) show that the startup has allotted 34,078 shares to Naspers, Meituan and Hadley Harbour. Naspers alone has pumped in around ₹712.24 crore, while Hadley and Meituan together have infused around ₹92 crore into Swiggy. After the Series I round, Naspers is expected to own up to 40.56% in Swiggy, while Meituan has a 6.35% stake. “With the current investment, Naspers continues to remain the largest shareholder in Swiggy, with a holding of 40.56% on a fully diluted basis.

Source: Mint February 19, 2020 14:44 UTC