Set to open on Nov 6, Swiggy IPO will bankroll its quick commerce ambitions

Bengaluru: Loss-making Bengaluru-based food and grocery delivery platform Swiggy, is looking to leverage its early bird status in the booming quick commerce market, investing a sizeable part of its Rs 11,300 crore initial public offer (IPO) in deepening the presence of its dark stores to galvanise its delivery timelines further.