SoftBank to invest up to $500 Mn in foodtech unicorn Swiggy. This will be SoftBank’s first direct bet in an Indian foodtech. SoftBank has also invested in Grofers, Ola, Flipkart, OYO and many more. Bengaluru-based Swiggy is active in 175 cities with 1.9 Lakh delivery partners. Swiggy raised $1.5 Bn so far and is valued at $3.3 Bn.
