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Swiggy Limited, the food delivery and quick commerce company, has received board approval to raise up to Rs 10,000 crore ($1.13 billion) through a public or private offering, including a qualified institutional placement (QIP) or other permissible routes.
The company’s board approved the proposal on November 7, 2025, according to a regulatory filing. Swiggy plans to issue equity shares in one or more tranches to eligible investors, subject to shareholder approval at an upcoming extraordinary general meeting.
The fundraise comes as Swiggy looks to…
