Swiggy and Unacademy Bag Series I and Series E rounds of funding

The second-best online food aggregator gets vote of confidence from its existing investors as they lead the Series I round of funding, Whereas Facebook invested in Bengaluru based startup Unacademy.

Online food ordering platform Swiggy has raised $113 million, led by existing investor South African internet giant Naspers. The latest capital raising values the company at nearly $3.6 billion. The fund infusion is part of a larger $150 million funding round, sources said. Other existing investors, Hadley Harbour Master Investments and Chinese local services platform Meituan, also participated in the round, according to filings with the Ministry of Corporate Affairs.
Education technology startup Unacademy has raised $110 million from social networking giant Facebook and US private equity firm General Atlantic, at a post-money valuation of $510 million. Existing investors Sequoia India, Nexus Venture Partners, Steadview Capital and Blume Ventures also participated in the round, apart from investments by Flipkart CEO Kalyan Krishnamurthy and Udaan co-founder Sujeet Kumar in their individual capacities.
Education technology platform Udemy on Thursday said Benesse Holdings has agreed to invest $50 million (about Rs 358 crore) in the company. The deal values Udemy at $2 billion, according to a company statement. The company plans to further invest in markets around the world and will expand its San Francisco headquarters as well as grow its offices in Denver, Colorado; Dublin, Ireland; Gurgaon, India; Sao Paulo, Brazil; and Ankara, Turkey, it added.