Swiggy Board Approves Up to ₹10,000 Crore QIP Fundraising to Boost Expansion
Swiggy’s board has authorized raising up to ₹10,000 crore through a Qualified Institutional Placement (QIP) to fuel its growth and market expansion. The move aims to strengthen the food delivery giant’s financial position amid intensifying competition in India’s online food delivery sector. Swiggy’s board has approved raising up to ₹10,000 crore via QIP to strengthen…