Seeing the growing craze and demand for online food delivery platforms, the superstar of the century and veteran actor Amitabh Bachchan has also entered the quick commerce business. Amitabh Bachchan Family Office has bought a stake in the online food delivery company Swiggy.

Amitabh Bachchan's investment in Swiggy: Seeing the growing craze and demand of online food delivery platforms, the superstar of the century and veteran actor Amitabh Bachchan has also entered the quick commerce business. Amitabh Bachchan Family Office has bought a stake in the online food delivery company Swiggy. Let us tell you that Swiggy is preparing to bring its IPO soon. 

Entry into the online food business  

Let us tell you that the shares of Zomato, another online food delivery company, are continuously rising. The company entered the stock market in July 2021 and since then its shares have climbed more than 200 percent. Everyone is excited to see the response of Zomato's shares. In such a situation, before Swiggy brings its IPO, the Bachchan family has bought a stake in it. The Bachchan family has acquired this stake by buying the shares held by the company's employees and early investors. 

How much was the deal 

However, there has been no disclosure about the price of this deal. Swiggy is active in the food delivery and quick delivery segment. Now soon it is preparing to compete with Zomato in the stock market. Let us tell you that the business of quick commerce and online food delivery is growing very fast in India. According to Deloitte, this sector in India is growing 2.5 times faster than the offline sector. It is believed that by the year 2030, this business will be worth $ 325 billion. At the same time, according to the report of Bank of America, the quick commerce sector will reach 25 million Indians in the next five years. Seeing the speed at which quick commerce companies are growing, this sector is growing, and investment in this sector is also increasing rapidly. Amitabh Bachchan is also betting in this sector.