Swiggy Launches Rs 10,000-Crore QIP

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Shareholders Approve Fundraise
Swiggy’s extraordinary general meeting sees 76.4% participation, with 99.47% votes in favour of the equity issuance

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Why Swiggy is Raising Funds Now
Amid fierce quick-commerce competition, Swiggy aims to strengthen Instamart, expand food delivery, and explore new business verticals

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Target Investors
The company plans to reach out to long-only funds and global institutional buyers for the qualified institutional placement

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How Funds Will Be Used
Swiggy will use the proceeds to strengthen its balance sheet, fuel growth opportunities, and support investments across its platform

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Quick-Commerce Funding Race
Rivals Blinkit raised Rs 2,100 crore this year, while Zepto secured $450 million, highlighting the capital-heavy nature of the market

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With Our Subscription Plans

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Swiggy Launches Rs 10,000-Crore QIP

Shareholders Approve FundraiseSwiggy’s extraordinary general meeting sees 76.4% participation, with 99.47% votes in favour of the equity issuance

Why Swiggy is Raising Funds Now Amid fierce quick-commerce competition, Swiggy aims to strengthen Instamart, expand food delivery, and explore new business verticals

Target InvestorsThe company plans to reach out to long-only funds and global institutional buyers for the qualified institutional placement

How Funds Will Be Used Swiggy will use the proceeds to strengthen its balance sheet, fuel growth opportunities, and support investments across its platform

Quick-Commerce Funding RaceRivals Blinkit raised Rs 2,100 crore this year, while Zepto secured $450 million, highlighting the capital-heavy nature of the market