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Swiggy moves to become India-owned and controlled company under FEMA rules
Swiggy is set to revamp its board structure, aiming to establish itself as a wholly Indian concern. This evolution, motivated by inquiries from stakeholders, comes as the company navigates the complexities of foreign investments, which represent around 60% of its shares. This change marks a crucial chapter in Swiggy's bid for greater autonomy within Indias competitive food delivery landscape.
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economictimes.indiatimes.com
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Swiggy moves to become India-owned company, eyes fewer FDI restrictions - The Economic Times
Swiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned and controlled company. This initiative…
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Swiggy moves to become India-owned and controlled company under FEMA rules
Swiggy is set to revamp its board structure, aiming to establish itself as a wholly Indian concern. This evolution, motivated by inquiries from stakeholders, comes as the company…