SBI Mutual Fund Adds ₹300 Crore Swiggy Stake in Open Market Buy
SBI Mutual Fund has increased its exposure to Swiggy by acquiring an additional 1.18 crore equity shares through open market transactions, a purchase valued at roughly ₹300 crore. The move signals continued institutional confidence in the food delivery and quick-commerce platform as it navigates a competitive public-market environment and investor scrutiny over growth, margins and path to profitability.
