Tencent just invested in this Indian food startup
New Delhi (CNN Business)Tencent is making yet another big bet on India’s fast-growing tech industry.
The Chinese company was one of several investors that just contributed to a $1 billion round of funding for Indian food delivery app Swiggy.
Nearly 70% of the new investment came from Tencent’s biggest shareholder, South Africa’s Naspers. Tencent (TCEHY) did not reveal the size of its own investment.
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