(Image/FB) Food and grocery delivery platform Swiggy is looking at markets beyond the top 100 cities for further expansion in both food delivery and quick commerce segments, the IPO-bound company ...
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 ...
Food delivery platform Swiggy's IPO received a lukewarm response on its first day, reaching only 12% subscription. The company aims to raise ₹11,327 crore, with ₹5,085 crore already secured ...
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 ...
Swiggy boasts a strong brand, innovative business model, and a rapidly growing user base. However, intense competition and rising costs pose challenges. The issue opens on Wednesday, 6 November ...
Swiggy, one of India’s largest food delivery and quick-commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s ...
The bidding date for the anchor investors is November 5. 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 ...
NEW DELHI, Oct 27 (Reuters) - Indian food delivery giant Swiggy (SWIG.NS), opens new tab has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of $15 billion as market ...
Analysts point out Swiggy’s increased Average Order Value (AOV) and expanded Dark Store network, which grew from 301 in FY22 to 523 in FY24. At a price band set between Rs 371-390, the IPO allows ...
(file photo) The opportunity for revenue generation for the likes of Swiggy comes with significant costs, primarily in the form of delivery and related charges. | Photo Credit: FRANCIS ...
Food and grocery delivery firm Swiggy's $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail investors placing orders for more than half the shares reserved for them in ...