ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

India's Swiggy reaches decacorn valuation after raising $700m

SoftBank-backed startup to fuel quick delivery amid hot competition

BENGALURU -- Indian food delivery startup Swiggy has raised $700 million to fuel its quick delivery business amid heightened competition from its publicly traded competitor Zomato, Reliance Industries, the Tata Group and Y Combinator-backed Zepto.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more