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3 days ago · Swiggy’s IPO is expected to raise around Rs 11,000 crore, which includes a fresh equity sale of Rs 3,750 crore and an offer-for-sale (OFS) component worth up to Rs 6,664 crore. Despite competition from other companies in the unlisted market, Swiggy remains a top choice for investors, buoyed further by the recent impressive performance of rival Zomato , whose stock has risen 129% this year.
Apr 9, 2024 · A fund managed by US-based investor Invesco has marked up the valuation of food and grocery delivery company Swiggy to $12.7 billion, up 18% from the valuation at which the Bengaluru-based firm last raised money in 2022, filings made with the US Securities and Exchange Commission showed.
- Pranav Mukul
Aug 23, 2024 · Swiggy, valued at $11.5 billion by 360 One WAM, is set for a $1.25 billion IPO. The company's revenue for the first half of fiscal 2024 is estimated at Rs 7,474 crore. Both Swiggy and Zomato are focusing on rapid growth in quick commerce, an area showing significant promise and revenue increase.
Jan 24, 2022 · The latest capital infusion has nearly doubled Swiggy’s valuation to $10.7 billion, making it a decacorn, said two people aware of the deal details. A decacorn is a moniker for startups valued at over $10 billion. The company was valued at $5.5 billion earlier.
Jan 24, 2022 · Swiggy, India’s top food delivery startup, has raised $700 million in a new financing round, just six months after securing $1.25 billion, as it aggressively expands its offerings, including the...
2 days ago · Swiggy is selling shares worth 37.5 billion rupees ($448.56 million), while existing shareholders including Prosus, Accel India and Tencent Europe will sell about 185.3 million shares, the company ...
Jan 5, 2024 · U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion in October in a second straight markup, regulatory filings showed.
