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India's Swiggy Files for 37.5-Billion-Rupee IPO
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, Kolkata, and other new places
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 on Thursday for an initial public offering, which a source said would be worth $1.
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
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 billion, as the food delivery firm looks to tap a booming stock market in one of India's biggest listings this year.
2h
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
12h
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
15h
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, ...
13h
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 ...
14h
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
7h
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
20h
Swiggy IPO risk factors investors should know
Swiggy’s investors including Accel, Alpha Wave Ventures, Coatue, DST, Elevation Capital, Norwest Venture Partners and Tencent ...
16h
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 ...
18h
Looking forward to Swiggy IPO? All you need to know before making the order
Swiggy plans to use IPO proceeds to repay debts and expand Instamart. Key allocations include ₹982 crore for Instamart and ...
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