Swiggy is increasing its focus on quick commerce, driven by growing digital infrastructure and consumer demand in India. The company is redirecting significant funds to expand its Instamart division, ...
Ahead of Swiggy's IPO (initial public offer) opening, Sriharsha Majety, the co-founder and CEO of Swiggy, detailed ambitious growth plans for Instamart, the company’s quick-commerce platform, ...
Swiggy's IPO price range of Rs 371 to Rs 390 is considered attractively valued, and was decided after comparing its ratios with the listed peer and adding qualitative factors to the same value ...
Swiggy IPO basis of allotment of shares is expected to be finalised on November 11. Source: PTI. The Swiggy Limited IPO will open for subscription on November 6. On Wednesday, the food delivery giant ...
Online food delivery giant Swiggy has ramped up its marketing budget significantly, as revealed in its updated Draft Red Herring Prospectus (DRHP) filed with the Securities and Exchange Board of ...
Oct 30 (Reuters) - Indian food delivery giant Swiggy (SWIG.NS), opens new tab has set a price band of 371 rupees to 390 rupees per share for its $1.35 billion domestic initial public offering (IPO ...
MUMBAI (Reuters) - India's IPO-bound Swiggy said on Wednesday that it is opening bigger warehouses and reducing delivery times as it bets that its quick commerce business - where groceries are ...
Swiggy, the food delivery and quick-commerce platform, has adjusted its valuation expectations for its upcoming IPO. The Bengaluru-based company is now targeting a valuation of $11.3-11.5 billion, ...
Food delivery giant Swiggy will likely price its $1.35 billion domestic initial public offering, which opens next week, at ₹371-390 per share, sources with direct knowledge of the matter told ...
Swiggy's IPO follows a book-building process, with a total issue size of Rs 11,327.43 crore. It includes a fresh issue of 11.54 crore shares, amounting to Rs 4,499 crore, and an offer for sale of ...
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, as per a report by Bloomberg. The price ...