Avendus Capital Advises Swiggy on Its Series D Financing Led by Bessemer Venture Partners With Participation From Existing Investors.

“We are excited about the funding as this is a validation of our performance and recognition of our leadership, in addition to being testament to the tremendous potential of the food tech sector. Our vision is to change the way India eats and we want to be the top of mind recall for the users for all their four meals a day.”

The freshly raised funds will be used to fuel Swiggy’s next growth phase, with an improved customer experience. This will include technology upgrades, a wider spread of restaurants to choose from and better delivery efficiency.
 

That Swiggy’s full stack approach with a great execution has given unparalleled customer experience, retention, and great business economics.
 

“Swiggy is on the path to further cement its leadership position in the Indian market. Led by an exceptional management team, its growth in the past few months is evidence that it has built a strong habit commerce in the online food ordering space.”