Food delivery in India more advanced than US: Swiggy investor Illg

Larry Illg, CEO of Prosus Ventures (earlier Naspers Ventures), in a recent interview, said food delivery is less advanced in the US when compared to India. He added that the investment giant is keen on investing in foodtech space as it has the highest retention metrics for consumer services. Prosus (Naspers) has invested $860 million in Swiggy to date.