Funding Friday: Swiggy Wins Over the Game & Toppr's New Fund Raise

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By Sanchita Dash • Dec 21, 2018

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1.Swiggy has won over the funding game. The foodtech startup has raised staggering $1 billion in a Series H round of funding from Naspers, Tencent & Hillhouse Capital.

2.Edtech is catching up. Indian edtech startup Toppr has raised $35 million in a Series C round of funding by education-focused investor Kaizen Private Equity, Alteria Capital & Brand Capital.

3.The parent company of Moglix, MogiLabs plans to ramp up its supply chain network. Accel Partners and International Finance Corporation have invested $23 Million in the B2B Marketplace.

4.Bengaluru-based LetsTransport eyes the global market. The tech-enabled logistics startup has raised over $14 million from Bertelsmann India Investments, Fosun International and others.

Here's the "news that entrepreneurs can use". Know what's trending in the Indian business world in 60 seconds.

Sanchita Dash

Entrepreneur Staff

Former Senior Correspondent, Entrepreneur India

In the business of news for 5 years now. Making my way across India thanks to my career. A media graduate from Symbiosis, Pune, I have earlier worked with Deccan Chronicle (South India's leading English daily), T-Hub (India's largest incubator) and Anthill Ventures (a speed-scaling platform).

Stories, movies and PJs are my thing.

If you hear 'The Office' opening score randomly, don't worry it's just my phone ringing.

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