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home / news releases / INTC - Naspers Tencent Lead Indian Unicorn Push


INTC - Naspers Tencent Lead Indian Unicorn Push

Welcome to Seeking Alpha’s Venture Capital Deals of the Week. Follow this account and turn on the e-mail alert to receive VCDeals in your inbox on Saturday mornings.

Indian food delivery: Naspers (NPSNY) led and Tencent (TCEHY) participated in a $1B round in Indian food delivery company Swiggy, which had held acquisition talks with Uber (UBER) earlier this year but no deal was reached. Total funding now stands at $1.26B. Swiggy had a $1.3B valuation at the time of its last round in June.
Swiggy says it works with 50K restaurants in more than 50

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Stock Information

Company Name: Intel Corporation
Stock Symbol: INTC
Market: NASDAQ
Website: intel.com

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