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Swiggy raises nearly $605M from anchor investors; domestic institutional investors lead

  • Food delivery platform Swiggy has raised Rs 5,085 crore ($605 million) from anchor investors ahead of its $1.35 billion IPO.
  • The pre-IPO funding was raised from over 75 anchor investors, with participation from domestic and international investors.
  • Domestic institutional investors, including mutual funds and insurance companies, comprised 56% of the anchor book.
  • Swiggy's IPO consists of a fresh issue of 11.54 crore equity shares and an offer for sale of 17.51 crore equity shares.

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