5 minutes ago
- copy link
Bollywood superstar Amitabh Bachchan's family office has bought a minority stake in food delivery and quick commerce platform Swiggy.
According to media reports, the Bachchan family has acquired this stake by buying shares held by the company's employees and early investors. However, the amount of this deal has not been disclosed.
Amitabh's statement on this matter has not come out yet.
Waiting for the official statement
When Swiggy was asked for information about this, the company refused to comment. Big B has also not given any official statement about this till now.
Food delivery and quick commerce platform Swiggy was started in the year 2014.
Investors' interest increased in the quick commerce industry
The Bachchan family has made this investment at a time when investors' interest in the quick commerce industry is increasing. In April this year, Swiggy received shareholders' approval to raise funds of Rs 10,414 crore through a public offering of new equity shares and an offer sale.
The decision was taken after seeing the success of Zomato
Recently, the shares of food delivery company Zomato are also witnessing a steady rise. The company's shares were listed in the market in July 2021, since then they have climbed more than 200 percent. Meanwhile, the Bachchan family, excited by the success of Zomato, has taken this stake.
These days Amitabh is hosting the 16th season of KBC.
On the work front, Amitabh is currently hosting the 16th season of 'KBC'. Before this, he was seen in the role of Ashwatthama in the film 'Kalki'. This is the highest grossing film of this year.
