Swiggy shares rise ahead of $1.1B fundraise

Swiggy's shares went up a little bit today.

The company is getting ready to ask for a lot of money, about $1.1 billion, from big investors next week.

They have chosen three banks to help them with this.

Swiggy is doing this because they want to grow more, especially in their quick delivery service.

Even though they are making more money, they are also losing more money than last year.

Their stock is still lower than its highest point last year.