Tag: Swiggy

India’s Zomato to raise $1B ahead of rival Swiggy IPO

Zomato said on Tuesday its board had approved the company’s proposal to raise $1 billion through a so-called qualified institutions placement, its first...

Swiggy escalates India quick commerce battle with 10-minute meals

Swiggy, India’s leading food delivery startup, said Friday it has started to deliver meals in 10 minutes across parts of major cities, intensifying...

Invesco raises its valuation of Swiggy to $13.3B

U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the...

Swiggy weighs increasing IPO size by $150M, aiming to raise up to $1.4B

Indian food delivery startup Swiggy is considering increasing the fresh issue component of its initial public offering by $150 million, aiming to raise...