Swiggy Opens Rs 10,000 Crore Fundraise Via QIP; Stock Gains 2.45%

Swiggy has launched Rs 10,000 crore fund raise today, December 9, through the QIP route. It follows the shareholders’ approval to fundraise on December 8, 2025 in the 1st Extra-Ordinary General Meeting

(‘EGM’) for the Financial Year 2025-26.

“Approval to raise capital by way of Qualified Institutions Placement to eligible investors through an Issuance of Equity Shares for an amount not exceeding ₹ 10,000 Crores,” Swiggy said in the press release.

The resolutions as set out in the Notice of the EGM was passed by the Members with the requisite majority.

Swiggy shares climbed 2.45 per cent to Rs 395 apiece intraday on Tuesday, against the previous day close at Rs 385.90 apiece.

A Qualified Institutional Placement (QIP) is a fundraising route used by listed companies in India to raise capital quickly by issuing shares or other securities to qualified institutional buyers such as mutual funds, insurance firms, pension funds and foreign institutional investors. It is a faster, cost-effective alternative to public issues, as it involves fewer regulatory requirements and no need for SEBI approval once shareholders have given the go-ahead.

Swiggy Q2 Results

Food delivery major Swiggy had reported a 74.4% increase YoY in its net loss to Rs 1,092 crore for the second quarter ended September 30, 2025. However, its revenue from operations in July-September 2025 jumped 54.4% YoY to Rs 5,561 crore, compared with Rs 3,601 crore in the year-ago period. The revenue had stood at Rs 4,961 crore in the previous quarter.

Its net loss had stood at Rs 626 crore in the corresponding quarter last year, according to a regulatory filing.

The Bengaluru-based firm had reported a loss of Rs 1,197 crore in the previous quarter, as rapid expansion in its quick commerce vertical Instamart took a toll on the company’s bottom line.

Meanwhile, its total expenses increased nearly 56 per cent YoY to Rs 6,711 crore in the quarter ended September, up from Rs 4,309 crore a year ago and Rs 6,244 crore a quarter ago.