SoftBank chooses Swiggy Over Zomato for the $450 Mn funding in foodtech
SoftBank was in talks with India’s two food delivery giants for an Indian food delivery bet
The latest investment is said to be an extension of Swiggy’s $800 Mn round announced earlier
COVID
Swiggy is looking to build a $1 Bn war chest to compete with IPO-bound Zomato
Zomato has raised $2.1 Bn funding to date meanwhile Swiggy has raised $2.4 Bn
