The Norwest-backed food delivery service has secured capital to strengthen its position in the Indian market.
Swiggy, the India-based online food ordering service backed by financial services firm Wells Fargo’s investment affiliate Norwest Venture Partners, has raised $35m in series C funding, the Hindu Business Line has reported.
The round featured venture capital firm Harmony Partners, consulting and investment firm RB Investments, private equity firm SAIF Partners and unnamed, existing investors.
Launched in 2014, Swiggy currently offers its food delivery service across eight cities in India and lists more than 5,000 restaurants on its platform.
Swiggy’s…
