Swiggy Limited
SBI Mutual Fund bought 1,18,38,465 shares of Swiggy Limited via a market purchase, raising its stake from 4.70% to 5.13% and crossing the 5% disclosure threshold.
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.
India's largest AMC by total AUM, managing over Rs 11 lakh crore across equity, debt and hybrid schemes. Backed by State Bank of India, the country's largest bank, which gives it unmatched retail reach across every Indian state. With over 70 schemes and 50 million folios, SBI MF's positioning moves are tracked as a proxy for domestic institutional flows.