Invesco raises Swiggy’s valuation to $8.3 billion

In a boost for Swiggy, its US-based investor Invesco has yet again marked up the startup’s valuation. Regulatory filings made with the US Securities and Exchange Commission showed that the asset manager valued the food delivery company at about $8.3 billion as of October 31, 2023. This is higher than the valuation of $7.8 billion that Invesco had ascribed the Bengaluru-based firm in its earlier mark up at the end of July. https://ift.tt/Ajl0XqI