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    ITNewspapersThe Telegraph

    IPO-bound Swiggy to have more dark stores

    Binu Mathew
    By Binu MathewNovember 11, 2024

    Swiggy has lined up “dark store” expansion as it looks to ramp up its quick commerce business.

    The company’s top officials were in the city on Thursday to drum up interest in the IPO which has garnered bids for 35 per cent on the second day as per BSE data. The issue will close on Wednesday and the final bids could improve with HNIs and institutional investors’ participation.

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