Baron Capital marks up Swiggy's valuation by 13% to $12.1 B
US-based Baron Capital Group has marked up the valuation of food delivery unicorn Swiggy by 13% to USD 12.1 Billion. Swiggy was valued at USD 10.7 Billion when it last raised funds in 2022.Baron has increased the valuation of its stake in Swiggy to USD 87.2 million as compared to USD 74.4 million earlier. It had participated in the USD 700 million funding round which Swiggy had raised in 2022.
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