Swiggy Limited
Kotak Mutual Fund increased its stake in Swiggy Limited from 2.87% to 3.22%, raising its shareholding from 79,195,215 to 88,982,228 shares. This comes as domestic institutional investors have been increasing their holdings in Swiggy.
A consumer-focused technology platform that operates a unified app delivering food, groceries, and everyday essentials across India. Founded in 2014, the company connects customers with restaurants, merchants, and delivery partners through its convenience-first digital marketplace. Swiggy distinguishes itself through its integrated ecosystem that combines multiple commerce categories within a single application, enabling seamless shopping and delivery experiences for millions of users nationwide.
Wholly owned subsidiary of Kotak Mahindra Bank, one of India's leading private banks. Manages over Rs 4.5 lakh crore in AUM. MD Nilesh Shah is a fixture in Indian financial media and one of the most quoted fund managers in the country. Known for disciplined quality growth positioning and clear communication of investment rationale to investors.