Tag: Swiggy
Prosus expects 5 IPOs from its India portfolio in next 18 months
Prosus anticipates as many as five potential IPOs from its Indian portfolio over the next 18 months, signalling growing momentum in the world’s...
Swiggy scales 10-minute food delivery to 400 cities in quick-commerce push
Swiggy, a leading food delivery and quick-commerce app in India, said on Monday that it has expanded its 10-minute food delivery service, Bolt,...
Zomato raises $1 billion in first major fundraise since 2021 listing
Zomato has raised $1 billion through a so-called qualified institutional placement, completing its first major fundraise since its 2021 IPO.
The food delivery...
Swiggy debut fuels India’s food, quick commerce wars
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this...
Swiggy’s public debut will test India’s appetite for $1B+ IPOs
Swiggy’s upcoming IPO on Wednesday will finally give many analysts a public comparable for what has been long considered to be the Indian...
Once-dominant Swiggy seeks $11.3B value at IPO, less than half Zomato’s worth
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...