Swiggy’s ₹10,000 Cr QIP Sees 4X Demand from Top Mutual Funds

Swiggy’s ₹10,000 crore QIP drew over four times demand, with strong interest from SBI MF, ICICI Prudential, HDFC and Kotak. Nearly half the funds will expand Instamart’s quick-commerce network, while major allocations are planned for technology, cloud infrastructure and brand marketing.