Burger King is now all set to deliver a ˜melt in the mouth™ experience to its consumers at lightning fast speed, collaborating with Swiggy for a quick and seamless ordering experience.
Paytm has tied up with leading Indian online food ordering platforms such as Foodpanda, Dominos, Zomato, Swiggy, Faasos, Tiny Owl and Holachef along with Offline QSR chains.
On the ‘Hope, Not Hunger' initiative by the company, Swiggy CEO Sriharsha Majety said these are challenging times for the service industry including the food sector.
Apart from the above investors, Swiggy counted DST Global, Bessemer Venture Partners, Norwest Venture Partners, Accel Partners, Saif Partners etc among its investors.
Swiggy held talks with a host of new investors including SoftBank, growth equity firm General Atlantic and a couple of Chinese hedge funds for the new round.
Coatue and Meituan-Dianping, besides two other investors who could not be identified, are in talks to invest in Swiggy, which was valued at $700 million last month