Swiggy board to meet on November 7 to consider Rs 10,000 crore fundraise via QIP

October 30, 2025

Share via:

Synopsis

Swiggy will hold a board meeting on November 7 to discuss raising Rs 10,000 crore ($1.1 billion) via a qualified institutional placement (QIP). The Bengaluru-based firm said the move aims to boost strategic flexibility and stay competitive, even though it remains well-funded for its current growth plans.

ETtech

Food and grocery delivery company Swiggy said on Thursday that its board will meet on November 7 to consider a fundraise of Rs 10,000 crore ($1.1 billion) through a qualified institutional placement (QIP), according to a filing with the…

Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

Previous News

India’s Goldi Solar raises $171m led by Havells

Next News

Tech leaders ramp up AI spending, but Alphabet’s cash flow wins investor favour

The Economic Times