US-based venture capital firm Bessemer Venture Partners is in advanced talks to invest around Rs 80 crore or $12 million in food-delivery company Swiggy, according to two people aware of the negotiations. The deal, if it concludes, will value the Bengaluru-based company at around $200 million (Rs 1,350 crore), said one of the sources mentioned above…READ MORE
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Swiggy’s loss narrows marginally to Rs 626 crore in Q2
In a regulatory filing, Swiggy said at the consolidated group level, it expects to achieve "positive adjusted EBITDA by...
