ARTICLE
15 August 2018

DST, Naspers And Coatue Lead Investment In Swiggy

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Nishith Desai Associates

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DST Global, Naspers and Coatue Management, leading technology investors in the world, along with others have invested a total of USD 210 million in a Bengaluru based company that operates ‘Swiggy'...
India Corporate/Commercial Law

DST Global, Naspers  and Coatue Management, leading technology investors in the world, along with others have invested a total of USD 210 million (INR 1400 crores approx.) in a Bengaluru based company that operates 'Swiggy', an online platform ("Company") for ordering and delivering food from restaurants. This is Naspers' third investment into the company. The additional funding will be utilized by Swiggy to expand its operations in India.

Press coverage relating to the transaction is available here, here and here.

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