Swiggy’s board approves Rs 10,000-crore fundraise via QIP

November 7, 2025

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Synopsis

Food and grocery delivery firm Swiggy’s board has approved a proposal to raise Rs 10,000 crore through a qualified institutional placement. The company will now seek shareholder approval for this significant fundraise. This move follows earlier reports of Swiggy’s plans to secure fresh capital.

ETtech

Sriharsha Majety, Group CEO, Swiggy

Food and grocery delivery firm Swiggy‘s board has approved the company’s proposal to raise Rs 10,000 crore via a qualified institutional placement (QIP), it said in a stock exchange filing on Friday.

The company…

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