Swiggy to mull raising up to ₹10,000 crore via QIP or other routes on Nov 7
Published on 30/10/2025 04:47 PM
Swiggy to mull raising up to ₹10,000 crore via QIP or other routes on Nov 7The company reported a net loss of ₹1,092 crore for the September quarter, which was higher than the ₹626 crore loss it had reported during the same quarter last year.By Poonam Behura October 30, 2025, 4:47:37 PM IST (Updated)1 Min ReadFood delivery platform Swiggy said on Thrusday it will consider raising up to ₹10,000 crore through a qualified institutional placement (QIP) or other fundraising routes at a board meeting scheduled for Nov 7.
The company reported a net loss of ₹1,092 crore for the September quarter, which was higher than the ₹626 crore loss it had reported during the same quarter last year.
Revenue for the quarter under review increased to ₹5,561 crore from ₹3,601 crore during the same quarter last year, implying a growth of 54%.Continue ReadingFirst Published: Oct 30, 2025 4:46 PM ISTCheck out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!Tagsfundraisingswiggy