Swiggy has roped in three advisors for its major fundraising plans of up to ₹10,000 crore via the QIP (Qualified Institutional Placement) route, Moneycontrol reported, citing sources. JP Morgan, Kotak Mahindra Capital and Citigroup are reportedly the three firms onboarded for the capital raise. Earlier, fund manager Devina Mehra questioned the fundraise, just a year after its ₹11,300-crore IPO.
short by
Shristi Acharya /
10:05 pm on
10 Nov