Foodtech giant Swiggy has received board approval to raise up to ₹10,000 crore (approximately $1.1 billion) through a combination of public and private market issuances, as the company looks to strengthen its financial position and accelerate its quick commerce operations. The fundraising may be conducted in multiple tranches, potentially through a Qualified Institutions Placement (QIP) … Continue reading Swiggy Board Approves ₹10,000 Crore Fundraise to Bolster Quick Commerce Growth