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Invesco raises Swiggy’s valuation to nearly $8 billion

  • TechCrunch faviconTechCrunch

    By Manish SinghOct 17, 2023, 5:24 am357 ptsTop
    photo of Invesco raises Swiggy’s valuation to nearly $8 billion imageConditions appear to be shifting favorably for India’s Swiggy. The food delivery startup — backed by SoftBank, Prosus and Accel — saw its paper valuation slashed by more than a half this year as investors marked their holdings largely in response to the dwindling market conditions. The startup, valued at…
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