Swiggy has raised around $606 million from a set of more than 75 anchor investors as part of its $1.35 billion initial public offering, as the Indian food delivery and quick commerce startup ...
India's Swiggy prices $1.35 bln IPO at 371-390 rupees apiece October 30, 2024 India's Swiggy likely to price $1.35 bln IPO at 371-390 rupees/share, sources say October 29, 2024 Swiggy cuts IPO ...
According to reports, Swiggy aims to raise around Rs 11,700 crore as the final figure can be arrived after the formal announcement of the price band. The company is expecting a valuation of around ...
Swiggy is expanding its quick commerce operations ... products and potentially extending delivery times to 20 minutes. The company is testing these facilities in Bengaluru as part of its growth ...
Majety, who maintains a low profile unlike several other billion-dollar startup founders, said that as a company, Swiggy wanted to go public when it was "ready" to tackle the responsibilities a ...
Food delivery and essentials aggregator Swiggy, which is gearing up for one of the largest new-age initial public offerings by a new-age company, with an aim to raise up to $1.4 billion in the coming ...
In Q1 FY25, Swiggy reported B2C gross order value of ₹10,189 crore, a 23 per cent year-on-year increase, with B2C revenue rising 35 per cent to ₹1,954 crore. The company’s consolidated ...
Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar with the ...
Swiggy, one of India’s largest food delivery ... The lossmaking Bengaluru-based company has set an IPO price band of ₹371 to ₹390 ($4.41 to $4.64) per share for next month’s IPO.
With Diwali just round the corner, customers are now in for a double dose of disappointment after online food delivery platform Swiggy increased its platform fee to ₹10. The Bengaluru-based food ...
“Swiggy’s Instamart is behind its peers in overall growth and average store revenue, mainly due to fewer store additions and lower marketing expenses. Despite this, the company remains focused ...
The company aims to raise ₹11,327.43 crore from this initial offer, which will consist of a mix of fresh shares and OFS. Analysts point out Swiggy’s increased Average Order Value (AOV) and expanded ...