After Raising $100 Mn, Swiggy Now In Talks With Coatue Management For Another $100 Mn

New York-headquartered technology hedge fund Coatue Management is reportedly holding discussions with a couple of other investors to pump $50 Mn-$100 Mn in homegrown online food delivery startup Swiggy. The development comes less than two months after the Bengaluru-based startup raised $100 Mn in Series F funding round led by Naspers at a valuation of $700 Mn. The round also…

Zomato confirms $150 million fund raise from Alibaba’s Ant Financial

Zomato, on Thursday, confirmed it had raised $150 million from Ant Financial, Alibaba’s payment affiliate. As a part of the deal, Ant Financial will also buy shares worth $50 million from investor InfoEdge, taking the total investment up to $200 million. With this deal, Zomato’s valuation has been pegged at $1.1 billion. According to a press statement by Zomato, the…