The funding round also saw participation by existing investors, Accel Partners and Wellington Management apart from new investors including; Qatar Investment Authority, Falcon Edge Capital, Amansa Capital, Goldman Sachs, Think Investments and Carmignac.
According to the statement, 27% of people who completed the Zomato IPO application on Paytm Money's platform were less than 25 years old while 60% were less than 30 years old.
Swiggy was founded by Nandan Reddy, Sri Harsha Majety and Rahul Jaimini in 2014. Rahul exited the company last year by co-founding an education start-up.
This partnership empowers mutually partnered restaurants to effortlessly uncover key operational improvements, resulting in tangible ways to elevate the guest experience.
Kotak Mahindra Capital Company, Morgan Stanley India Company Pvt Ltd and Credit Suisse Securities (India) Pvt Ltd are the global coordinators and book running lead managers to the issue.
They deliver all across Delhi NCR directly through their website and has also collaborated with food aggregators like Zomato and Swiggy for greater customer convenience.