Invesco Raises Swiggy Valuation to $13.3 Billion, Reports TechCrunch

Oct 1, 2024, 08:32 AM

Invesco has raised the valuation of Swiggy, an Indian food delivery and quick-commerce startup, to $13.3 billion. This increase in valuation was reflected in a new filing as of the end of July. Invesco, a US-based asset manager, has increased the value of its stake in Swiggy, underscoring the growing market confidence in the startup's potential. TechCrunch reported the news.