Swiggy got Amazon Prime interested
Amit Agrawal of Amazon India plans to invest in an Indian online food delivery startup Swiggy after several discussions with the Bengaluru-based firm over the past three months. Swiggy also attracted Alibaba-backed Chinese food delivery venture Ele.me.
Siggy, valued at $200m, founded by Sriharsha Majety, CEO, along with Rahul Jaimini and Nandan Reddy. It competes with Zomato and Rocket Internet’s Foodpanda. in a market which has seen several casualties. Swiggy has already raised $72m so far, investors from
Accel Partner, Norwest Venture Partners and Bessemer Venture Partners/