Swiggy shares in focus as company plans Rs 1,000 cr investment in Scootsy's expansion

Shares of Swiggy are expected to be in the spotlight on Monday after the company revealed plans to invest up to Rs 1,000 crore in one or more tranches through a rights issue. The funds will be directed toward expanding its wholly-owned subsidiary, Scootsy Logistics, which specializes in supply chain and distribution services.

In a regulatory filing, Swiggy revealed that the investment will be made through a rights issue, with the total amount not exceeding Rs 1,000 crore. The funds will be used for working capital and other capital expenditures as part of Swiggy's expansion strategy. Currently, Scootsy is involved in supply chain services and distribution.

The turnover of Scootsy for the financial year ended March 31, 2024, is Rs 5,195.7 crore and the acquisition cost will be Rs 7,640 per share.


Scootsy was incorporated under the Companies Act, 2013 on November 27, 2014, and is a wholly owned subsidiary of the Company.

Scootsy is currently engaged in the business of supply chain services and distribution. The services include warehouse management to streamline operations, in-warehouse processing that includes value-added services to enhance product delivery, and efficient order fulfillment which enables efficient order picking, packing, and shipping processes for the wholesalers and retailers.

Shares of Swiggy that were listed on the exchanges in November 2024 have fallen 33.62% in 2025 so far. Meanwhile, they have dropped 19.83% in the past one month.