Swiggy to invest Rs 1,000 Cr in subsidiary Scootsy for biz expansion
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gray man
Stealth • 9d
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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Vaibhav Babruwan Shingde
Stealth • 2m
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
🥳🤯 The government of Uttar Pradesh has received proposals for projects totalling around Rs 40,038 crore under its new policy to incentivise semiconductor manufacturing and attract global investments in the state, its investment promotion agency Inv
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Harsh Dwivedi
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Medial • 1y
Top news of the day-
1. Astrotalk raised Rs. 160 Cr ($20M).
2. Amber raised Rs. 168 Cr ($21M).
3. Byju’s FY23 revenue is Rs. 6509 Cr.
4. Navi is seeking to raise Rs. 600 Cr.
5. D2C food brand Yu raised Rs. 20
6. EV manufacturer Corrit raises Rs. 5