Conditions appear to be shifting favorably for India's Swiggy. The food delivery startup -- backed by SoftBank, Prosus and Accel -- saw its paper Conditions appear to be shifting favorably for Indian food delivery startup Swiggy.

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Swiggy's valuation has been raised to nearly $8 billion by Invesco, potentially indicating the recovery of its market conditions.

Invesco raises Swiggy’s valuation to nearly $8 billion