Indian delivery platform Swiggy approves up to 100 billion rupees fundraise via QIP

Swiggy

07/11/2025 10:42

Nov 7 (Reuters) - Indian food and grocery delivery firm Swiggy SWIG.NS on Friday said its board approved plans to raise up to 100 billion rupees ($1.14 billion) via qualified institutional placement as it seeks to shore up capital for growth.

($1 = 87.8950 Indian rupees)

 (Reporting by Ananta Agarwal in Bengaluru; Editing by Janane Venkatraman)

 ((Ananta.agarwal@thomsonreuters.com;))