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Swiggy s plan beyond food delivery
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Swiggy said yesterday it has raised $1.25 billion in a financing round spread across two tranches. We spoke to Sriharsha Majety, Swiggy’s cofounder & CEO as well as SoftBank’s Sumer Juneja on the company’s plan to use the money to fuel its ambition beyond food delivery. All of this as its rival Zomato makes a big splash in the public markets.
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Swiggy raises $1.25 billion, matching Zomato’s IPO target
Julia Computing raises $24 million from Dorilton, others © Provided by The Times of India
BENGALURU: Julia Computing, cofounded by Viral Shah and Deepak Vinchhi, has raised $24 million in a Series A funding round led by Dorilton Ventures, with participation from Menlo Ventures, General Catalyst, and HighSage Ventures. Bob Muglia, former Snowflake CEO and former Microsoft president of servers and tools, will join Julia Computing’s board.
Julia Computing is headquartered in Cambridge, Massachusetts, with an office in Bengaluru. Shah had built Julia out of Bengaluru. Julia has a significant community of contributors and users in India.
Deepak Vinchhi said, “With this investment, Julia Computing is poised to dramatically expand its product suite and customer base in the US, India, and worldwide.”
Julia Computing Raises $24 Mn Series A Led By Dorilton Ventures
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