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Swiggy now an Indian entity as foreign investors sell stake
Swiggy Ltd. announced it was now an Indian entity following the reduction in the stake held by foreign investors.
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economictimes.indiatimes.com
Swiggy becomes majority Indian-owned as foreign shareholding drops below 50% - The Economic Times
The shift is significant for the food delivery and quick commerce major. In May, its shareholders had failed to pass a resolution to classify it as an Indian-owned and controlled…
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newsbytesapp.com
Is Swiggy now an Indian-owned and controlled company?
Swiggy's foreign shareholding has dropped below 50%, marking a significant milestone that aligns with its strategic goal of becoming an Indian-owned and controlled company (IOCC).
