Funding · Commerce & Consumer Brands

Swiggy moves offices and plans large fund raise

By Startup Enthusiast · 11 November 2025

What they do

Swiggy relocates its headquarters to Whitefield after six years at ORR

It seeks ₹10,000 crore via QIP for Instamart and food delivery growth

The company targets 5% medium-term EBITDA margin for food delivery

Swiggy is moving its headquarters from Bellandur to Whitefield in Bengaluru.
The company cites lease expiry and a need for more office space.
It also plans to raise ₹10,000 crore through a Qualified Institutional Placement.
This fundraising will support expansion in Instamart and food delivery segments.
Swiggy has been operating at its previous location for six years.
The company recently celebrated its eleventh anniversary since its first delivery.
Q2 FY26 revenue showed strong growth of fifty-four percent year-on-year.
The firm reported a net loss of ₹1,092 crore in the same quarter.

Swiggy operates food delivery and quick commerce services across India.
Its Instamart unit handles rapid delivery of everyday consumer goods.
The company launched a new refund system requiring photo proof for claims.
A viral incident highlighted issues with AI-generated images in refund requests.
Swiggy Bolt contributes significantly to total order volumes currently.
Management targets eighteen to twenty percent growth in food delivery this year.
The long-term goal includes achieving five percent EBITDA margins.
Market capitalization stands at approximately ₹96,728 crore as of late 2025.
Shares have declined thirteen percent over the last twelve months.