Temasek, Top Funds Bid in Swiggy’s $1.1 Billion Share Sale

Global investors, including Singapore’s Temasek Holdings Pte and Capital Group, are offering to buy shares in Swiggy Ltd., according to people familiar with the matter, as the Indian food delivery company seeks fresh funds a year after its market debut.

India’s top asset managers including SBI Funds Management Ltd., ICICI Prudential Asset Management Co. and HDFC Asset Management Co., also participated in the $1.1 billion offering, the people said, asking not to be identified as the information is private. Among other global investors, Fidelity Investments Inc., BlackRock Investments LLC and Nomura Holdings Inc. have placed bids, they said.