A host of top celebrities, including cricketer Rahul Dravid, filmmaker Karan Johar, and Bollywood legend Amitabh Bachchan, have acquired pre-IPO shares of Swiggy, the food and grocery delivery giant. These high-profile endorsements come as Swiggy gears up for its highly anticipated initial public offering (IPO), drawing attention from across the entertainment, sports, and entrepreneurial sectors.
In recent transactions on the unlisted market, about 200,000 shares of Swiggy have been purchased by notable figures such as cricketers Zaheer Khan and Rahul Dravid, tennis star Rohan Bopanna, and actor-entrepreneur Ashish Chowdhry. This celebrity backing highlights the growing appeal of Swiggy, known for its innovative food delivery platform and its expansion into quick commerce and hyperlocal logistics.
“Swiggy has transformed the food delivery landscape in India. Investing in their growth is not only about financial returns but also about supporting a brand that’s shaping urban consumer convenience,” said Chowdhry, founder of Disrptve Ventures.
Swiggy has also seen investments from other Bollywood figures like Madhuri Dixit Nene and startup investor Ritesh Malik, indicating the platform’s strong pull among celebrities. The company’s consistent innovation and robust market presence, with offerings like Swiggy Instamart, have made it a top contender in India’s booming food tech sector.
Zaheer Khan echoed this sentiment, adding, “This investment is about backing a company with a solid business model that’s positively impacting society.”
Swiggy’s upcoming IPO is expected to mirror the success of its rival Zomato, which saw its stock surge upon listing in 2021. With its pre-IPO shares attracting significant interest, Swiggy continues to draw in both domestic and global investors. The company has already secured funding from SoftBank Vision Fund, Accel, and Prosus, further solidifying its position as one of India’s leading tech startups.
As Swiggy readies for its public debut, celebrity investors are betting big on the platform’s continued growth and dominance in the highly competitive food and grocery delivery market.