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Swiggy share price in focus today after ₹1,000 crore investment in subsidiary Scootsy Logistics

February 24, 2025 1 min read
author Anamika Mishra, Sub Editor
Swiggy’s share price is set to be in focus on Monday, February 24, 2025, following its announcement of a significant investment in Scootsy Logistics Pvt Ltd.   On Friday, Swiggy revealed plans to invest up to ₹1,000 crore in one or more tranches to strengthen its wholly-owned subsidiary, Scootsy Logistics, through a rights issue.   "The Board of Directors, in its meeting held on February 21, 2025, approved an investment of up to ₹1,000 crore in Scootsy Logistics Private Limited through a rights issue. This investment will support working capital and other capital expenditures as

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