Swiggy has signed a $700 million funding round led by asset manager Invesco. With this, the total valuation of Swiggy has reached to $10.7 billion i.e. it is now a decacorn.
State Bank of India will acquire up to 9.95 per cent stake in India International Clearing Corporation (IFSC) Ltd subject to a maximum investment of Rs 34.03 crore.
The week-long innovation celebration is being organized by the Department for Promotion of Industry and Internal Trade, under the Ministry of Commerce and Industry.