Food delivery platform Swiggy is in early talks to acquire hyperlocal delivery services startup Dunzo, even as it is in separate discussions with investors to raise a large round of funding that could see its valuation double to $10-12 billion, two people familiar with the developments said.
Start your deal-making journey now!
Subscribe now to enjoy unlimited access at just $59.
Premium coverage on private equity, venture capital, and startups in Asia.
Exclusive scoops from our reporters in nine key markets.
In-depth interviews with industry leaders shaping the ecosystem.
Already a Subscriber? Log in
Contact us for corporate subscriptions at subs@dealstreetasia.com