Amazon India reportedly approached Swiggy for a potential Instamart deal during Swiggy's IPO filing.

Amazon India reportedly approached IPO-bound Swiggy for a potential deal involving its quick commerce business Instamart, as Swiggy filed draft documents for a $1.25 billion public offering. Amazon is considering either picking up a stake in Instamart's ongoing pre-IPO placement or making a buyout proposal. However, no official offer has been made yet, and the deal's complicated structure may lead to the discussions not resulting in a transaction.