CEO Jeff Maggioncalda says India is the second-largest country after the U.S. in terms of number of users on the platform, and it is betting on a freemium model to boost its business in the country.
Marquee investors Tiger Global and WestBridge Capital led the Series C round of funding, which also saw participation from Prince Maximilian of Liechtenstein.
GGV Capital’s Hans Tung says super apps will help take a bigger share of the consumers’ wallet, and sees Swiggy becoming a super app in India.
