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Swiggy to sponsor Shark Tank Season 4, excludes Zomato founder Deepinder Goyal as part of deal

Swiggy to sponsor Shark Tank Season 4, excludes Zomato founder Deepinder Goyal as part of deal

Swiggy is set to sponsor the fourth season of Shark Tank India for ₹25 crores but has conditionally excluded Zomato's founder, Deepinder Goyal, from returning as a Shark, highlighting the fierce competition between the two food delivery companies.

This move reflects Swiggy's strategy to bolster its brand ahead of its upcoming IPO, as it plans to allocate ₹950 crore of the ₹3,750 crore it aims to raise for marketing purposes.

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