Naspers Helps Raise $1B for Food Startup Swiggy | PYMNTS.com

Naspers, a large South African-based technology investor, is leading a $1 billion funding round for food delivery outfit Swiggy, along with Tencent and others.

Update: 2018-12-19 18:30 GMT
  • Naspers, a large South African-based technology investor, is leading a $1 billion funding round for food delivery outfit Swiggy, according to a report .
  • Chinese investor and tech giant Tencent also joined in the round.
  • The news means that Swiggy, which is based in India, is involved in the biggest investment in a food company ever, outside of China.
  • Check out the latest PYMNTS report on how QSRs are doing when it comes to innovation.

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