Food delivery and quick-commerce stage SwiggyLimited has reported an investment of up to Rs 1,000 crore (around $117 million) in its wholly owned subsidiary, Scootsy Logistics, to back commerce development and operational growth.

The choice was affirmed at a board assembly held on February 21, 2025, where Swiggy outlined it arrange to contribute the sum in one or more tranches through a rights issue, as expressed in its stock exchange filing.

Swiggy affirmed that the speculation will be made through cash thought, with offers estimated at Rs 7,640 per share, counting a premium of Rs 7,630 per share.

The reserves will essentially be utilized for working capital and other capital expenditures to strengthen the company's logistics and supply chain operations.

Scootsy Logistics specializes in supply chain services and distribution, counting warehouse management, arrange fulfillment, and last-mile conveyance arrangements. The company has experienced noteworthy income development over the past three a long time, announcing a turnover of Rs 5,795.7 crore in FY24, compared to Rs 3,686.2 crore in FY23 and Rs 1,580.3 crore in FY22.

In Q3 FY25, Scootsy contributed 42% of Swiggy's overall working income. Salary from this substance expanded by 23% QoQ to Rs 1,692 crore in Q3 FY25 from Rs 1,377 crore in Q3 FY24.

Despite the investment, Swiggy's interest in Scootsy will remain unchanged, and the subsidiary will continue to operate under its current structure. Swiggy anticipates that this investment will increase scalability, delivery operations, and its market competitiveness.