Swiggy QIP Update: Food and grocery delivery company Swiggy has raised a total of Rs 10,000 crore (about $1.2 billion) from 21 mutual funds, eight domestic insurance companies and around 50 global investors in its Qualified Institutions Placement.QIP) has completed. Swiggy said more than 80 investors bid and 61 of them received shares, of which more than 15 are new shareholders. The company has given this information today through an exchange filing. The company’s shares had closed at Rs 416.70 on BSE last Friday with a rise of about 4 per cent.
Swiggy QIP Update: Company raised Rs 10,000 crore; Know which mutual fund companies invested money – Market
