Madhuri Dixit buys minority stake in (IPO)-bound foodtech major Swiggy.
Madhuri Dixit buys minority stake in (IPO)-bound foodtech major Swiggy.
After Amitabh Bachchan, now Madhuri Dixit has emerged as the second Indian celebrity to have bought a minority stake in initial
(IPO)-bound foodtech major Swiggy
Madhuri Dixit alongside co-working startup Innov8’s founder Dr Ritesh Malik invested INR 3 Cr in Swiggy with each infusing INR 1.5 Cr.
The duo procured shares from the secondary market via transactions facilitated by Swiggy’s investment banker Avendus and each share was priced at INR 345, the report added.
This comes a few weeks after Amitabh Bachchan’s family office bought a stake in Swiggy. Meanwhile, several investors have attempted to buy shares of its IPO, following the rally in the broader Indian bourses and positive investor sentiments.
The duo procured shares from the secondary market
via transactions facilitated by Swiggy’s investment banker Avendus and each share was priced at INR 345.
This comes a few weeks after Amitabh Bachchan’s family office bought a stake in Swiggy.
Meanwhile, several investors have attempted to buy shares of its IPO, following the rally in the broader Indian bourses and positive investor sentiments.
News Edit KV Raman
