Amitabh Bachchan Family Office Invests in Swiggy
By Rediff Money Desk, New Delhi Aug 28, 2024 18:37
Amitabh Bachchan's family office has reportedly invested in Swiggy, buying shares from employees and early investors. Swiggy is preparing for an IPO to raise funds.
![Amitabh Bachchan Family Office Invests in Swiggy](https://im.rediff.com/money/2022/mar/23bachchan.jpg)
New Delhi, Aug 28 (PTI) Bollywood actor Amitabh Bachchan's family office is believed to have picked up a minor stake in IPO-bound food-delivery and quick-commerce platform Swiggy.
The stake has been picked up through the purchase of shares from the company's employees and early investors, according to media reports.
When contacted, Swiggy declined to comment.
Meanwhile, Bachchan could not be reached for comment.
In April this year, Swiggy received shareholders' approval for an initial public offering to raise Rs 10,414 crore fund through the issue of fresh equity shares and an offer for sale.
The stake has been picked up through the purchase of shares from the company's employees and early investors, according to media reports.
When contacted, Swiggy declined to comment.
Meanwhile, Bachchan could not be reached for comment.
In April this year, Swiggy received shareholders' approval for an initial public offering to raise Rs 10,414 crore fund through the issue of fresh equity shares and an offer for sale.
Source: PTI
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