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India, Swiggy and IPO
India’s Swiggy defies weak market in largest 2024 tech IPO globally
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in India this year,
Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
Swiggy Ltd.’s shares climbed in their Mumbai debut, signaling a vote of confidence for large initial public offerings in India.
SoftBank-backed Swiggy's shares soar 15% on India market debut after stellar IPO
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion rupees.
11h
Zerodha founder Nithin Kamath 'reshares' his 2019 statement on why India need Jio, Paytm, Ola and Swiggy
Zerodha CEO Nithin Kamath celebrated the recent IPO of Swiggy, reflecting on his 2019 prediction about the growth of Indian ...
4d
How Swiggy Beat Amazon to 13-Minute Grocery Deliveries in India
It has an army of gig workers, a fleet of mini-warehouses and big-name investors. But a knockout trading debut isn’t a ...
7d
Exclusive: India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition ...
13h
Swiggy CEO says he came up with idea of company for college project, forgot about it later
Sriharsha Majety first conceived the idea of Swiggy during a project at the Indian Institute of Management (IIM) Calcutta. At ...
7d
Swiggy’s $1.3 Billion India IPO Sold on Final Day
Swiggy
Ltd.’s $1.3 billion initial public offering was subscribed ... The offering, one of the few $1 billion-plus listings ...
12h
This product tops sales on Swiggy Instamart, dethrones batteries from top spot
Swiggy Instamart's CEO highlighted a notable change in consumer preferences, with demand for household essentials increasing ...
1d
Prosus yields profit of over $2 Bn on Swiggy investment, Ervin Tu shares plans to retain 25% of Swiggy
Prosus NV, the investment behemoth behind Tencent Holdings Ltd., has declared a strong return on its investment in Swiggy, ...
1d
Blinkit, Swiggy, Zepto, Flipkart Minutes captured around 50% Kirana sales in India, may touch Rs 332000 crore business by…
As per the report, quick commerce platforms are projected to capture approximately $1.28 billion of Kirana sales by 2024, ...
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