Swiggy ropes in JP Morgan, 2 other advisors for ₹10,000 cr fund raise: Report

Shristi Acharya, Published on Nov 10th, 2025

Swiggy ropes in JP Morgan, 2 other advisors for ₹10,000 cr fund raise: Report

Swiggy has roped in three advisors for its major fundraising plans of up to ₹10,000 crore via the QIP (Qualified Institutional Placement) route, Moneycontrol reported, citing sources. JP Morgan, Kotak Mahindra Capital and Citigroup are reportedly the three firms onboarded for the capital raise. Earlier, fund manager Devina Mehra questioned the fundraise, just a year after its ₹11,300-crore IPO.

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