Swiggy board approves ₹10,000 crore fundraising push

Swiggy board approves ₹10,000 crore fundraising push

Swiggy has secured board approval to raise up to ₹10,000 crore via a mix of Qualified Institutional Placement (QIP) and other equity routes. The move is aimed at bolstering its cash reserves and capacity for growth as competition heats up in India’s quick-commerce and food delivery market.

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