{"id":970439,"date":"2025-10-30T09:00:39","date_gmt":"2025-10-30T03:30:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=970439"},"modified":"2025-10-30T10:12:58","modified_gmt":"2025-10-30T04:42:58","slug":"swiggy-mulls-up-to-1-5-billion-fundraise-for-balance-sheet-boost","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2025\/10\/30\/swiggy-mulls-up-to-1-5-billion-fundraise-for-balance-sheet-boost\/","title":{"rendered":"Swiggy mulls up to $1.5 billion fundraise for balance sheet boost"},"content":{"rendered":"<p>Food and groceries delivery company Swiggy is exploring a qualified institutional placement (QIP) of up to $1.5 billion to strengthen its balance sheet and bolster its position in the fast-expanding quick commerce market, multiple people aware of the proposed fundraising told ET.<\/p>\n<p>With Zepto\u2019s recent mobilisation of funds reigniting competition in the sector, Swiggy is also evaluating a separate capital raise for its 10-minute delivery unit Instamart, which was recently moved under a standalone subsidiary.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Food and groceries delivery company Swiggy is exploring a qualified institutional placement (QIP) of up to $1.5 billion to strengthen its balance sheet and bolster its position in the fast-expanding quick commerce market, multiple people aware of the proposed fundraising told ET. With Zepto\u2019s recent mobilisation of funds reigniting competition in the sector, Swiggy is also evaluating a separate capital raise for its 10-minute delivery unit Instamart, which was recently moved under a standalone subsidiary.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-970439","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/970439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=970439"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/970439\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=970439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=970439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=970439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}