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Swiggy: Bollywood actor Amitabh Bachchan 's family office is reported to have bought a minority stake in Swiggy, a platform that supplies catering products on online orders.
Swiggy's initial public offering (IPO) is about to come. According to media reports, this stake has been acquired by buying shares from the company's employees and early investors. Swiggy did not comment on this when asked. However, Bachchan could not be contacted to ask about this.
Swiggy received approval from shareholders in April this year to raise Rs 10,414 crore through an IPO. The IPO will include both issuance of new shares and an offer for sale (OFS).
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