Rahul Bothra, CFO of Swiggy, mentioned that ₹4,500 crore in raised funds will primarily support Swiggy's quick commerce growth. With steady 122% growth over the past three years, Swiggy plans to ...
Following the disruption of traditional standalone medical shops by online medical stores, quick commerce platforms are now preparing ground for rapid doorstep delivery service.
Swiggy Ltd's IPO was subscribed 12% on its first day. It received bids for around 1.9 million of 16 million available shares, with retail investors subscribing 54% and non-institutional investors 6%.