Swiggy Gets MCA Nod To Incorporate Sports Arm

by · Inc42

SUMMARY

  • The new entity will be engaged in sports team ownership, management, talent development, event organisation, and acquiring broadcasting and sponsorship rights
  • The nod comes a month after Swiggy received board approval to set up a new subsidiary catering to the “sports activities and amusement and recreation activities” segment
  • Swiggy said in December that the sports subsidiary was being set up to only house the Mumbai pickleball team it acquired in the World Pickleball League