Startups
A popular online food order and delivery platform, Swiggy, is gearing up for a stock market debut later this year. Swiggy has announced raising funds via an Initial Public Offering (IPO) worth $1.5 billion or ₹10,482 crore. Swiggy aims to raise ₹3,750 crore in new capital, alongside ₹6,664 crore through an offer-for-sale. The date for the IPO hasn’t been confirmed as of yet, but sources believe it could be somewhere at the end of 2024.
Continue Reading
about 5 months ago