Billionaire Cyrus Soli Poonawalla has acquired 11.235 lakh shares of Swiggy for ₹42.35 crore in an open-market transaction, according to NSE bulk deal data. The acquisition was made from his firm, Serum Institute of India, at an average price of ₹377.00 per share.

Transaction Details

The share acquisition was executed through a bulk deal mechanism on the National Stock Exchange. Poonawalla, who serves as Chairman and Managing Director of Serum Institute of India, conducted the transaction at market rates during regular trading hours.

Recent QIP Fundraising

The transaction comes after Swiggy's successful fundraising initiative. The food and grocery delivery company raised ₹10,000.00 crore through a qualified institutional placement (QIP). The QIP witnessed participation from prominent domestic investors including ICICI Prudential Mutual Fund, SBI Mutual Fund, and Aditya Birla Sun Life Mutual Fund.

Global financial institutions such as Temasek, Norway's sovereign wealth fund, Vanguard, Capital Group, Nomura, and Goldman Sachs also participated in the institutional placement, demonstrating strong investor confidence in the platform.

Market Performance

Swiggy shares closed at ₹377.80 per piece on the NSE, declining 2.43% during the trading session. The stock's performance reflects the broader market sentiment and trading dynamics in the food delivery sector.

Swiggy officially announced the launch of EatRight on Monday, a comprehensive new category on its food delivery platform aimed at making healthier food choices more accessible and convenient for users across India. The initiative went live across more than 50 cities, representing a significant expansion of the company's health-focused food offerings.

Comprehensive Health-Focused Food Discovery

The EatRight category consolidates Swiggy's existing health-oriented offerings under a unified discovery experience. The platform brings together three key segments:

The category features an extensive selection of over 1.8 million EatRight-enabled dishes sourced from more than 200,000 restaurants nationwide. Users can easily access these options by searching for "EatRight" directly on the Swiggy app.

Food-First Approach to Healthy Eating

Swiggy positions EatRight as a food-first solution rather than a restrictive diet program. The company emphasizes that healthier eating doesn't require giving up familiar foods or following strict dietary regimens. Instead, the category offers healthier versions of popular dishes that users already enjoy ordering.

The diverse menu includes high-protein variations of biryanis, tikkas, rolls, and bowls, alongside low-calorie options such as soups, salads, sandwiches, and khichdi. The no-added-sugar segment features treats including ice creams and beverages, allowing users to maintain their preferences while making healthier choices.

Growing Health-Conscious Ordering Trends

Platform data reveals significant growth in health-conscious food ordering patterns across India. Tier-2 cities witnessed 2x growth year-on-year in healthy food ordering compared to metropolitan cities. Key trends include:

No-added-sugar items show particular popularity during breakfast and late-night ordering hours, indicating diverse consumption patterns throughout the day.

Restaurant Partnership and Product Innovation

Partner restaurants are actively developing new products aligned with the healthy eating trend. Innovation includes high-protein multigrain pizzas, protein-rich biryanis, protein-plus burgers, and no-added-sugar, high-protein coffees. Over 30 brands, including Subway and EatFit, currently offer exclusive discounts on EatRight options to enhance affordability.

"With EatRight, we are offering food options that blend seamlessly into a user's regular ordering habits, removes decision fatigue through clear categorisation and integrates healthier choices naturally into everyday food ordering," said Deepak Maloo, Vice President, Food Strategy, Customer Experience & New Initiatives at Swiggy. The executive emphasized that EatRight marks an important step in reimagining discovery of better-for-you food on the platform, helping make mindful eating a sustainable, everyday behaviour.