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Swiggy gets a new sports subsidiary
Mint Hyderabad
|January 16, 2025
Foodtech firm Swiggy has received approval from the ministry of corporate affairs (MCA) to incorporate a wholly-owned subsidiary, Swiggy Sports Pvt. Ltd, to enter the sports and recreational activities segment, it said in a stock exchange filing on Wednesday.
The move signifies Swiggy's effort to go beyond food and grocery delivery, attempting to solidify its out-of-home consumption business, which generated a gross revenue
This story is from the January 16, 2025 edition of Mint Hyderabad.
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