Swiggy tops up Series I round; onboards Tencent’s MD as non-exec director

Swiggy has been in the headlines the past few months over fundraising, departure of its co-founder and most recently for layoffs in the company. Despite the COVID-19 crisis, Swiggy has also expanded its services, piloted new features and continued to top up its ongoing fundraising round. The Bengaluru-based unicorn, once again, has topped up its Series I round with Rs 14.24 crore investment from existing backer Samsung Ventures.