Despite these secondary transactions occurring at a discount, financial experts remain optimistic that Swiggy will debut with a market capitalisation between USD 10-13 billion (around Rs 83,480 crore to Rs 1,08,525 crore)
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This round also saw participation from existing investors such as Elevation Capital, Matrix Partners India (aka Z47), and Accel
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The company previously raised a pre-seed round of USD 1.1 million in 2023, led by Eximius Ventures and participation from DSP HMK, Capri Global, Upsparks Capital, MGA Ventures and Climber Capital
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