AInvest Newsletter
Daily stocks & crypto headlines, free to your inbox
Swiggy has raised Rs 10,000 crore in fresh capital through a qualified institutional placement (QIP), with the shares allocated at Rs 375 per share, an 11% discount to its closing price on Friday. The company plans to use the funds to strengthen its core businesses, scale Instamart, and invest in innovation. The fundraising comes amid heightened competition in the quick commerce segment.

Daily stocks & crypto headlines, free to your inbox
Comments
No comments yet