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Can Naspers’ backing help Swiggy take on Zomato and Foodpanda?

31 May, 2017

South African technology group Naspers has led an $80 million funding round in food-delivery startup Swiggy. This is the single-largest investment in an Indian food-tech company and will intensify competition in a segment that already has big players such as Foodpanda, Zomato and UberEats.

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Does Swiggy really need $50 mn more to fight Foodpanda and Zomato?

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Can Naspers’ backing help Swiggy take on Zomato and Foodpanda?

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