Swiggy To Invest Rs 10 Bn In Supply Chain Unit

Swiggy to Invest Rs 1,000 Crore in subsidiary Scootsy Logistics
Swiggy's board has approved an investment of up to Rs 1,000 crore in its wholly owned subsidiary, Scootsy Logistics, through a rights issue. The investment will be made in multiple tranches and is aimed at strengthening working capital and funding expansion initiatives.
Swiggy to invest Rs 1,000 crore in supply chain arm
Swiggy announced a Rs 1,000 crore investment in its supply chain subsidiary, Scootsy, following a Rs 1,600 crore infusion in December, reinforcing its push into logistics.
Swiggy to invest $115 mln in supply chain unit amid quick-commerce expansion
Swiggy announced an investment of up to 10 billion rupees in its supply chain subsidiary Scootsy to boost its quick-commerce arm Instamart. This move follows a 16 billion rupee investment last December,
Swiggy to invest up to Rs 1,000 crore in Scootsy Logistics in one or more tranches
Food and grocery delivery firm Swiggy said on February 21 that it will invest up to Rs 1,000 crore in Scootsy Logistics in one or more tranches.
India's Swiggy to invest up to $115 mln in supply chain subsidiary
Indian food and grocery delivery firm Swiggy said on Friday it will invest up to 10 billion rupees ($115.47 million) in Scootsy, a subsidiary engaged in supply chain services and distribution.
Swiggy To Invest Rs 10 Bn In Supply Chain Unit - Details
Swiggy on Friday, February 22 said it will invest $115,47 Mn or Rs 10 Billion. in its supply chain subsidiary called Scootsy. The development come at a time when Instamart, Swiggy's quick-commerce arm was growing,
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India's Swiggy to invest $115 million in supply chain unit amid quick-commerce expansion
(Reuters) -Indian food and grocery delivery firm Swiggy said on Friday it will invest up to 10 billion rupees ($115.47 ...
Swiggy to invest Rs 1K crore in Scootsy Logistics in one or more tranches
This investment is for working capital and other capital expenditures as part of the company's business expansion, said the ...
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On Valentine's Day, Chocolate Orders Hit 581 Per Minute On Swiggy Instamart
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Swiggy to invest up to Rs 1,000 Cr in Scootsy amid heavy dark store expansion
Swiggy's investment in Scootsy, which looks at company's dark store network, comes as competition in quick commerce heats up.
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