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Swiggy to invest Rs 1,000 Cr in subsidiary Scootsy for biz expansion
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Swiggy Invests ₹1,000 Crore in Scootsy Logistics for Faster Deliveries 🚚💸 Swiggy is set to invest ₹1,000 crore (~$117M) in Scootsy Logistics to expand operations and improve delivery speed. Approved on Feb 21, 2025, through a rights issue, shares
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Quick Commerce: Investment Highlights • Swiggy is planning to invest ₹1,600 crores in its subsidiary Scootsy. This funding helps Scootsy enhance operational capabilities and expand dark stores. • Similarly, Zomato plans to raise $1 billion through
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