Indian delivery platform Swiggy approves up to 100 billion rupees fundraise via QIP

Swiggy to raise up to Rs 10,000 crore

The move follows Swiggy’s recent indication that it was evaluating fresh fundraising options to strengthen its balance sheet and maintain growth momentum in a highly competitive environment.

Swiggy board approves ₹10,000 crore QIP fundraise — Here's what you need to know

Swiggy's board of directors approved their plans to fundraise ₹10,000 crore through one or more qualified institutions placement (QIPs) on 7 November 2025. Here's what the company plans to do.

Swiggy board approves up to Rs 10,000-crore fundraise via QIP

In September, Swiggy sold its entire stake in ride-hailing platform Rapido for about Rs 2,400 crore, further strengthening its balance sheet

Swiggy approves Rs 10,000 crore fundraise as quick-commerce battle with Zepto and Blinkit heats up

Swiggys Board has approved a fundraising plan of up to Rs 10,000 crore through public or private offerings, including QIP, to enhance its financial position and support growth initiatives. The company aims to use the proceeds to strengthen operations across food delivery and quick-commerce amid rising industry competition.

Indian delivery platform Swiggy approves up to 100 billion rupees fundraise via QIP

Indian food and grocery delivery firm Swiggy on Friday said its board approved plans to raise up to 100 billion rupees($1.14 billion) via qualified institutional placement (QIP) as it seeks to shore up capital for growth.Companies use the QIP route to raise funds from large institutions such as mutual funds.

Swiggy Raises INR 10,000 Crore Funding

The food delivery service Swiggy, based in Bengaluru, said on November 7 that its board had authorised the funding of up to INR 10,000 crore through private or public offers, including qualified institutions placement (QIP) or other acceptable methods. Subject to regulatory and shareholder clearances, the business stated in a filing to the Bombay Stock Exchange (BSE) that the financing would be conducted in one or more tranches.By issuing stock …