Swiggy shares in focus as company plans Rs 1,000 crore investment in Scootsy's expansion
Swiggy plans to invest up to INR 1,000 crore in its subsidiary, Scootsy Logistics, through a rights issue to enhance supply chain and distribution services. The funds will support working capital and expansion efforts. Swiggy’s shares have seen a significant decline in recent months.
Swiggy plans to invest up to INR 1,000 crore in its subsidiary, Scootsy Logistics, through a rights issue to enhance supply chain and distribution services. The funds will support working capital and expansion efforts. Swiggy’s shares have seen a significant decline in recent months.
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