Samsung's venture arm in talks to invest up to $10 mn in Swiggy: Reports

Samsung Electronics' venture arm, Samsung Venture Investment Corporation, is in talks to invest up to $10 million (₹72 crore) in Swiggy, reports said. The investment will be a part of Swiggy's ongoing Series I funding round, which has been led by Naspers, including investments from China's Meituan. Swiggy has raised about ₹805 crore ($113.3 million) in the round so far.