Swiggy is reportedly considering raising QIP to boost its balance sheet and accelerate quick commerce expansion
The QIP will also help the company increase its domestic shareholding as it mulls transitioning Swiggy Instamart to an inventory-led model
Swiggy is also open to raising capital independently for Instamart
Foodtech giant Swiggy is reportedly considering raising $1 Bn to $1.5 Bn via a qualified institutional placement (QIP) to boost its balance sheet and accelerate quick commerce expansion.
Citing sources,…








