Invesco has raised the valuation of Swiggy, an Indian food delivery and quick-commerce startup, to $13.3 billion. This increase in valuation was reflected in a new filing as of the end of July. Invesco, a US-based asset manager, has increased the value of its stake in Swiggy, underscoring the growing market confidence in the startup's potential. TechCrunch reported the news.
Invesco marks up Swiggy’s valuation to $13.3 Bn: US-based asset manager Invesco has increased the value of its stake in Swiggy, assigning an implied valuation of approximately $13.3 billion to the food delivery and quick commerce… https://t.co/nIHBTj5D7K #startupnews #startups
Sequoia backs Pydantic to expand beyond its open source data-validation framework: https://t.co/vCeBYe1zJw by TechCrunch #infosec #cybersecurity #technology #news
Invesco raises its valuation of Swiggy to $13.3B: https://t.co/4TGBfuZ62f by TechCrunch #infosec #cybersecurity #technology #news