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SoftBank in talks to invest up to $500 million in Swiggy

SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told TechCrunch. The new investment values the Indian startup at over $5.5 billion, the sources said. Swiggy and SoftBank declined to comment. This is a developing […]

SoftBank Vision Fund 2 is in advanced stages of talks to invest up to half a billion dollars into food delivery startup Swiggy, two sources familiar with the matter told TechCrunch. The new investment values the Indian startup at over $5.5 billion, the sources said.

Swiggy and SoftBank declined to comment.

This is a developing story. More to follow…

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