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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
18m
How dining and events could be Swiggy’s next growth engine
Swiggy’s out-of-home consumption vertical shows modest progress despite a late start, thanks to Indians’ growing desire for ...
inc42
10h
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 ...
MediaNama
13h
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, ...
Outlook Business
12h
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 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 ...
14h
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 ...
11h
Swiggy's quick commerce arm Instamart outpaces food delivery biz growth
The quick commerce vertical's GOV is already at 40 per cent of food delivery GOV, despite being launched six years later ...
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 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.
inc42
5h
IPO-Bound Swiggy Facing INR 327 Cr GST Demand, Allegations Of Employing Child Labourers
Foodtech major Swiggy faces potential GST liabilities to the tune of INR 326.7 Cr, as per its recently filed updated DRHP.
Fortune India
18h
Swiggy IPO risk factors investors should know
Swiggy’s investors including Accel, Alpha Wave Ventures, Coatue, DST, Elevation Capital, Norwest Venture Partners and Tencent ...
7h
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 ...
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