Bollywood superstar Madhuri Dixit has joined Amitabh Bachchan as an investor in Swiggy, the popular food and grocery delivery platform, ahead of its anticipated stock market debut.
According to Moneycontrol, Dixit and Ritesh Malik, founder of the co-working space platform Innov8 (now owned by Oyo), jointly invested ₹3 crore in Swiggy through a secondary market transaction. This means they purchased shares directly from existing investors, not from Swiggy itself.
Key Points:
- Investment Amount: ₹3 crore (₹1.5 crore each for Dixit and Malik)
- Price per Share: ₹345
- Investment Facilitator: Swiggy’s investment banker, Avendus
Dixit’s husband, Dr. Shriram Nene, explained their family office’s growing interest in the Indian startup space. They aim to strategically participate in promising ventures, balancing financial considerations with potential for deeper involvement.
This investment follows Amitabh Bachchan’s family office acquiring a stake in Swiggy earlier this year. Both Bollywood legends are now part of the company’s investor pool before its IPO.
This is a significant development for Swiggy, as it attracts high-profile figures to its pre-IPO round. It could boost investor confidence and generate additional buzz around the upcoming public offering.
