Swiggy eyes US$10B valuation in latest fundraising drive, restructures Supr Daily to unlock its delivery potential

INDIA – India food-tech startup  Swiggy is finalizing a new financing round where it targets to raise between US$500 and US$600 million, ET Retail has reported.   The exercise is likely to catapult the valuation of the online food delivery company to as much as US$10 billion, which is double the valuation ascribed to the seven-year-old venture a few months ago.   If successful in its latest endeavor, Swiggy will rank among India’s most valued privately owned startups after ed-tech firm Byju’s and fintech major Paytm, which is slated to go…

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