Top 5 Funding of the Week (17th Dec – 22nd Dec)
Funding is a very important part of a business and when an entrepreneur starts a business, the major source of expenditure for him is the funding he receives. This week, we saw the food delivery giant raising a huge amount of funds.
So, let's dig into the details and have a look on the top five funding activities of the week.
Swiggy
India’s largest food
delivery company Swiggy has
reportedly raised an amount of $1 billion in
a fresh funding round. The round was led by
existing backer, South African media giant Naspers.
Along with this,
the new investors that participated in the round included China’s Tencent and
hedge funds Hillhouse Capital and Wellington
Management.
With this new round...