Swiggy Opens ₹10,000-Crore QIP to Boost Quick-Commerce Growth

Swiggy has opened its massive ₹10,000-crore qualified institutional placement (QIP) today, following overwhelming shareholder approval at its extraordinary general meeting on December 8. The food delivery and quick commerce giant confirmed in a regulatory filing that 76.40% of shareholders participated in the vote, with an impressive 99.47% voting in favour of the fundraise making this … Continue reading Swiggy Opens ₹10,000-Crore QIP to Boost Quick-Commerce Growth