Swiggy which is a food ordering and delivery platform has raised USD 15 million in a fourth strategic round of funding (Series D) from Bessemer Venture Partners, with existing investors also participating.
Swiggy has said in a statement that the freshly raised funds is expected 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.
Sriharsha Majety, the Co-founder and CEO of Swiggy has said that “Our strong growth in the last few months shows that our customers are increasingly becoming accustomed to a new behaviour of ordering food for the experience, rather than only for convenience. 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.”
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