Swiggy, along with Zomato, dominates over 90% of India's food delivery market. This market is projected to expand to ₹2 lakh crore by 2030. While Zomato went public last year, Swiggy is preparing to follow suit in the upcoming months. The company was valued at $10.7 billion during its last fundraising round in January 2022.

Unexpectedly, Modern Insulators, a business best known for producing and selling porcelain insulators, has revealed a strategic investment in the soon-to-be public food delivery behemoth Swiggy.

Madhuri Dixit and Innov8 founder Ritesh Malik have acquired shares worth ₹3 crore in Swiggy from the secondary market before its IPO.

Dixit, along with Ritesh Malik, founder of co-working space Innov8 (now owned by Oyo), jointly invested Rs 3 crore in Swiggy, with each contributing Rs 1.5 crore. Both became equal shareholders in the company through this deal. The transaction was reportedly managed by Swiggy's investment banker, Avendus.

Leading Indian actor Madhuri Dixit has picked up shares in food and grocery delivery startup Swiggy ahead of its public market debut later this year, people familiar with the development told Moneycontrol.

Bollywood star Madhuri Dixit has ventured into the financial world, making headlines with her recent investment in the food deliveryt giant - Swiggy. According to a Moneycontrol report, Dixit, along with Ritesh Malik,

Bollywood actress Madhuri Dixit, has acquired shares in food and grocery delivery platform Swiggy, ahead of its upcoming initial public offering (IPO). The investment was made alongside Ritesh Malik,