Swiggy is set to consider raising up to ₹100 billion through public or private offerings, as its Q2 FY26 results show a consolidated revenue of ₹55.61 billion and a net loss of ₹10.92 billion. The move signals strategic capital planning amid strong growth in quick commerce and persistent operational challenges.
Food delivery and quick commerce giant Swiggy is preparing to raise funds not exceeding ₹100 billion, as per its board’s upcoming agenda. The capital infusion—via public or private offerings—is aimed at bolstering growth and operational resilience, especially as the company navigates widening losses despite robust revenue momentum.
Key Highlights:
Fundraising Plan: Swiggy’s board will consider and approve fundraising up to ₹100 billion through various instruments, including public or private offerings.
Q2 FY26 Financials:
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Revenue from Operations: ₹55.61 billion
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Consolidated Net Loss: ₹10.92 billion
Growth Drivers: Revenue growth largely attributed to Instamart’s expansion and improved monetization across food delivery and quick commerce.
Strategic Outlook: The proposed fundraising aligns with Swiggy’s long-term vision to scale its logistics, tech infrastructure, and market share amid intensifying competition.
Swiggy’s financial strategy reflects a balancing act between aggressive growth and fiscal discipline, as it seeks to strengthen its position in India’s evolving digital consumption landscape.
Sources: LiveMint, NDTV Profit, Business Upturn, Swiggy Investor Relations.