Swiggy foreign shareholding dips to 49.76%, edging toward Indian-owned status
Foreign investment in Swiggy has fallen below the 50% mark to 49.76%. The company says ownership and control remain unchanged, but crossing into Indian-owned status would allow Instamart to hold inventory directly, boosting quick commerce margins and supply-chain control.
Foreign investment in Swiggy fell below 50% to 49.76%, though the company says ownership and control status is unchanged. Achieving Indian-owned status would let Instamart hold inventory directly, boosting quick commerce margins and supply-chain control.