In order to promote business expansion and operational growth, Swiggy, a food delivery and quick-commerce platform, has announced an investment of up to 1,000 crore (about $117 million) in Scootsy Logistics, its fully owned subsidiary.

At a board meeting on February 21, 2025, the decision was accepted. According to Swiggy's stock exchange filing, the company plans to use the funds to invest in one or more tranches through a rights issue.

According to Swiggy, the investment will be done in cash, with shares costing 7,640 each, plus an additional 7,630 per share premium.

Working capital and other capital expenditures to improve the company's supply chain and logistics operations will be the main uses of the funds.

Warehouse management, order fulfillment, and last-mile delivery solutions are among the supply chain services and distribution areas in which Scootsy Logistics focuses. Over the last three years, the company's sales has increased significantly; in FY24, it had a turnover of 5,795.7 crore, up from 3,686.2 crore in FY23 and 1,580.3 crore in FY22.

Scootsy accounted for 42% of Swiggy's total operational revenue in Q3 of FY25. From 1,377 crore in Q3 FY24 to 1,692 crore in Q3 FY25, this entity's income grew by 23% QoQ.

Swiggy's ownership stake in Scootsy will remain unchanged as a result of the investment, and the subsidiary will carry on with its current organization. Swiggy anticipates that this investment will boost its competitive advantage in the market, increase scalability, and improve delivery operations.