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
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Invesco raises its valuation of Swiggy to $13.3B: https://t.co/4TGBfuZ62f by TechCrunch #infosec #cybersecurity #technology #news
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.