Swiggy raises $1 billion as Naspers, Tencent pour more money

Indian online food delivery company is valued at more than $3 billion

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A motorcycle driver working for the food delivery company Swiggy in Bangalore. (Photo by 101Reporters.com) 

MUMBI (NewsRise) -- Indian food delivery company Swiggy raised $1 billion from South Africa's Naspers and a host of Chinese Internet firms such as Tencent Holdings, underscoring the surging investor interest in the south Asian nation's booming on-demand food services market.

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