Amid Reports Of IPO, Amitabh Bachchan Family Office  Invests In Swiggy

Amitabh Bachchan Family  Office Invests In Swiggy

As per a Hindustan Times report,  the family office of Amitabh Bachchan has invested in quick commerce  giant Swiggy.

Minority Stake Acquired

As per the report, Bachchan's family office bought shares from Swiggy's employees and early investors.

Credits: X/Swiggy

Financial Details  Remain Undisclosed

While the financial details of the investment remain undisclosed, this move is being viewed as a strategic investment in the company's growth. 

What Experts Say About This

Experts believe this move can  boost competition in the  quick commerce space.

Recent Investments In Swiggy

Besides the Bachchan family, billionaire Raamdeo Agrawal, chairman of Motilal Oswal Group, also bought a stake in Swiggy in July. 

Credits: Canva 

Investment Ahead Of IPO 

The timing of this investment is crucial as it comes ahead of Swiggy’s IPO.  The company is targeting a valuation  of $15 billion in its IPO.

Credits: Canva 

Amitabh Bachchan’s Investments

Over the years, Amitabh Bachchan has been investing in real estate. As per reports, he has bought properties worth ₹100 crore in the last year.

Credits: Canva 

₹14.5 Cr Property In Ayodhya

The most notable of them is the 10,000 sq ft plot worth ₹14.5 crore that he bought in Ayodhya earlier this year.