Archive · 10 Dec 2025
Swiggy Raises ₹10,000 Crore via QIP
Swiggy, a popular food and grocery delivery platform in India, has decided to raise ₹10,000 crore through a special type of fundraising called a QIP.
This means they will sell new shares to big investors.
The money they raise will help them grow their quick-commerce service called Instamart, improve their technology, and maybe even buy other companies.
They have already gotten approval from their shareholders, and the price for each new share is set at ₹390.51.
This is a big deal because it's one of the largest equity raises by an Indian internet company this year.
The money will also help Swiggy compete with other companies like Blinkit and Zepto in the fast-delivery market.
Swiggy has secured shareholder approval to raise ₹10,000 crore through a QIP.
The QIP will open at a later date, with a floor price of ₹390.51 per share.
Swiggy ended the September quarter with ₹4,605 crore in cash and expects ₹2,400 crore from the sale of a 12% stake in Rapido.
The fundraising will support the expansion of Instamart, strengthen technology, and explore strategic M&A opportunities.
Swiggy's valuation stands at around ₹97,400 crore, with an estimated 9.3% equity dilution on a post-money basis.
- Who
- Swiggy
- What
- Raised ₹10,000 crore via QIP
- When
- December 2025
- Where
- India
- Why
- To expand Instamart, strengthen technology, and explore strategic M&A opportunities
- Company
- Swiggy
- Fundraising Amount
- ₹10,000 crore
- Fundraising Method
- Qualified Institutional Placement (QIP)
- Floor Price per Share
- ₹390.51
- Potential Discount
- Up to 5%
- Valuation
- ₹97,400 crore
- Equity Dilution
- 9.3% (post-money basis)
- Cash Reserves (September Quarter)
- ₹4,605 crore
- Expected Rapido Stake Sale
- ₹2,400 crore
- Total Liquidity Before QIP
- ₹7,000 crore
Sources
India's Quick Commerce Bubble Just Got a 6-Month Countdown - Can Blinkit, Zepto, Instamart Survive the Siege?
Blinkit CEO warns India’s quick commerce bubble may be close to bursting
Quick-Commerce bubble set to burst? Blinkit CEO flags sudden correction- Report
‘Correction Is Coming’: Blinkit CEO Predicts Disruption In India’s Fast Delivery Market
Swiggy's ₹10,000 crore QIP opens today; floor price fixed at ₹390.51. Check details
Is India’s quick commerce bubble about to burst? Blinkit CEO warns fundraising model is hitting its limits
Swiggy kick-starts ₹10,000-crore QIP plan as company shores up war chest
Swiggy starts Rs 10,000 cr fundraising via QIP; floor price set at Rs 390.51 per share
Swiggy kick-starts Rs 10,000-crore QIP
India’s quick commerce faces major shakeout as Blinkit warns of cash crunch ahead - Telegraph India
Swiggy: Stock in focus as Rs 10,000 cr QIP kicks off; floor price at Rs 390.51 per share
Amazon To Invest $35 Billion In India By 2030 — Here’s Where All That Money Is Going
