On Swiggy’s plate: 10,000 crore through QIP
Mumbai: The board of Swiggy on Friday cleared the company’s plan to raise up to Rs 10,000 crore through a qualified institutional placement (QIP), the firm said in an exchange filing. The move follows rival Zepto’s $450 million (close to Rs 4,000 crore) funding which has stoked competition in the growing 10-minute delivery space as…