In a game-changing decision, Swiggy has approved a massive ₹1,000 crore investment in its wholly owned subsidiary, Scootsy Logistics Private Limited. This strategic move, announced during the Board of Directors meeting on February 21, 2025, aims to bolster Swiggy’s logistics, enhance last-mile delivery, and fuel business expansion.
Why This Investment?
With India’s online food delivery and quick-commerce sectors booming, efficient logistics are more crucial than ever. Swiggy is doubling down on its supply chain infrastructure to ensure faster, more reliable deliveries for millions of customers. The investment will be made in one or more tranches through a rights issue and will be utilized for working capital and capital expenditures.
About Scootsy Logistics Private Limited
Scootsy is a key player in Swiggy’s ecosystem, handling supply chain, distribution, and last-mile delivery services. Strengthening Scootsy’s operations means faster deliveries, better service, and a more seamless experience for users. This move is expected to give Swiggy a competitive edge in India's highly dynamic food and e-commerce sectors.
Regulatory Compliance & Transparency
Swiggy ensures that this investment follows all necessary regulations, complying with Regulation 30(6) of the Listing Regulations and SEBI’s latest guidelines (Circular SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023). Further details are enclosed in Annexure 1.
What This Means for Swiggy’s Future
This ₹1,000 crore infusion is set to revolutionize Swiggy’s logistics operations, making deliveries faster, optimizing costs, and expanding its reach to more cities and customers. With a strong logistics backbone, Swiggy is poised to dominate India’s quick-commerce and food delivery space like never before.
Disclaimer
This article is for informational purposes only and does not constitute financial, investment, or business advice. The information is based on publicly available disclosures and should not be relied upon for making financial decisions. Swiggy reserves the right to modify its investment strategies as per business requirements and regulatory guidelines.
