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Indian regulator CCI approves Softbank’s $450m investment in Swiggy July 13, 2021 India’s market watchdog, Competition Commission of India (CCI) has approved a $450 million investment from Japanese-conglomerate Softbank into Bundl Technologies, parent of food tech unicorn, Swiggy. This is a part of the ongoing Series J round, which saw the likes of new investors including Falcon Edge Capital, Amansa Capital, Think Investments, Carmignac and Goldman Sachs, invest close to $800 million in the six-year-old startup, earlier in May this year. On Monday, CCI wrote on microblogging website Twitter, that it has approved the investment. “The Commission approves the proposed acquisition of a certain stake in Bundl Technologies (Swiggy) by SVF II Songbird (SoftBank Group entity),” read CCI’s tweet.

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