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India's Swiggy Files for 37.5-Billion-Rupee IPO
Swiggy refiles draft papers for IPO, DRHP aims for Rs 3750 Cr funding
With a planned funding of ₹3,750 crore, Indian food delivery behemoth Swiggy submitted an amended Draft Red Herring Prospectus (DRHP) for its eagerly awaited Initial Public Offering (IPO) on September 26,
India's Swiggy files for IPO; aims to raise about $450 million
BENGALURU (Reuters) -Softbank-backed food delivery firm Swiggy said on Thursday it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
India's Swiggy Files for 37.5-Billion-Rupee IPO as Quick Commerce Booms
Bengaluru-based food delivery firm Swiggy said on Thursday that it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
Swiggy files updated draft papers for ₹3,750 crore IPO, to use ₹1,120 crore for Scootsy
The Swiggy IPO consists of a fresh issue of 37,500 million equity shares with a face value of ₹1 each and an offer for sale (OFS) of 185,286,265 equity shares
5h
on MSN
Swiggy IPO: Top 10 things to know about the public offering
Swiggy’s IPO aims to fuel Instamart’s expansion amid fierce competition from BlinkIt and Zepto. While Swiggy has improved its ...
MediaNama
11h
Swiggy incurred net losses and negative cash flow in each year since incorporation
Swiggy started operations its food delivery service in 2014, quick commerce and the pick-up/drop-off service Genie in 2020, ...
Your Story
7h
Hiring top talent, accountability, customer obsession: Swiggy execs give IPO mantra
Swiggy Food Marketplaces CEO Rohit Kapoor said that the company is hiring 60,000 gig workers a week, a day after the company ...
7h
Swiggy IPO: Rahul Dravid, Amitabh Bachchan, Karan Johar among superstar investors in food tech giant, suggests report
Cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, filmmaker Karan Johar, and actor-entrepreneur Ashish ...
1d
on MSN
Swiggy files for $1.25 billion IPO in India's booming stock market
By Aditya Kalra, Ashna Teresa Britto and Haripriya Suresh NEW DELHI/BENGALURU (Reuters) -SoftBank-backed Swiggy filed papers ...
10h
Swiggy has spawned 46 start-ups worth over ₹6,277 crore
Swiggy's 'Start-up Mafia' spawns 46 ventures with a collective valuation of ₹Rs 6,277 crore, creating over 4,500 jobs.
Outlook Business
10h
What Swiggy's IPO Filing Reveals About its Bid to Take on Zomato
In its DRHP, the company highlighted that they plan to open dark stores in existing cities such as Bengaluru, Pune, Mumbai, ...
1d
on MSN
Swiggy files for $1.25 billion India IPO
SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 ...
12h
Swiggy’s Q1FY25 financials: Losses increase by 8% to ₹611 crore; revenue jumps 35%
IPO-bound foodtech company Swiggy’s losses have expanded by 8 per cent to ₹611 crore in Q1FY25 from ₹564 crore a year ago on ...
14h
on MSN
Swiggy Vs Zomato: After listing, can loss-making Swiggy deliver return like now-profitable Zomato?
In the DHRP filed on September 26, Swiggy said that they have incurred net losses in each year since incorporation and have ...
inc42
8h
Swiggy DRHP: Revenue Crosses INR 10,000 Cr Mark In FY24, Loss Almost Halves
Swiggy FY24: startup incurred a net loss of INR 2,350 Cr in the financial year 2023-24 (FY24) as against a loss of INR ...
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