Unexpectedly, Modern Insulators, a business best known for producing and selling porcelain insulators, has revealed a strategic investment in the soon-to-be public food delivery behemoth Swiggy.

Dixit, along with Ritesh Malik, founder of co-working space Innov8 (now owned by Oyo), jointly invested Rs 3 crore in Swiggy, with each contributing Rs 1.5 crore. Both became equal shareholders in the company through this deal. The transaction was reportedly managed by Swiggy's investment banker, Avendus.

Dixit has bought shares in the secondary market along with Ritesh Malik, founder of Innov8, a co-working space player, now owned by Oyo.

Dixit along with coworking startup Innov8’s founder Ritesh Malik invested INR 3 Cr in Swiggy with each infusing INR 1.5 Cr

Madhuri Dixit and Innov8 founder Ritesh Malik have acquired shares worth ₹3 crore in Swiggy from the secondary market before its IPO.

Bollywood actress Madhuri Dixit, has acquired shares in food and grocery delivery platform Swiggy, ahead of its upcoming initial public offering (IPO). The investment was made alongside Ritesh Malik,

Madhuri Dixit, along with Innov8 founder Ritesh Malik, bought Swiggy shares worth ₹3 crore from the secondary market, paying ₹1.5 crore each

Leading Indian actor Madhuri Dixit has picked up shares in food and grocery delivery startup Swiggy ahead of its public market debut later this year, people familiar with the development told Moneycontrol.