(Reuters) -Indian food and grocery delivery firm Swiggy on Friday said its board approved plans to raise up to 100 billion rupees ($1.14 billion) via qualified institutional placement as it seeks to shore up capital for growth.

($1 = 87.8950 Indian rupees)

(Reporting by Ananta Agarwal in Bengaluru; Editing by Janane Venkatraman)

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