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Norwest Venture Partners to invest Rs 96 crore in food delivery startup

By Tony Seruga

Swiggy also saw interest from New York-based investment firm Tiger Global Management, but Norwest has clinched the deal, said two of the sources.

MUMBAI|BENGALURU: Food tech is becoming the hottest space for India’s tech entrepreneurs and investors after e-commerce|

Silicon Valley-based venture capital investor Norwest Venture Partners is in advanced talks to invest over $15 million (Rs 96 crore) in Bengaluru-based food delivery startup Swiggy, according to three sources familiar with the matter. The new financing rounds come just two months after the startup raised its first venture capital round of Rs 12 crore from Accel Partnersand SAIF Partners earlier this year…

Norwest Venture Partners to invest Rs 96 crore in food delivery startup

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