Naspers to Invest $1 Billion in The Indian Food Delivering App, Swiggy

Naspers, the South African investment giant, is back at it in India! Days after backing educational startup Byju’s by leading a $540 million investment, it has led a $1 billion investment in food delivery company Swiggy. The new round sees Chinese internet and Naspers ally Tencent join the party, alongside fellow new investors Hillhouse Capital and Wellington Management…

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