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India's Swiggy Files for 37.5-Billion-Rupee IPO
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.
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
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 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.
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
MediaNama
3h
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, ...
2h
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.
1h
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 ...
3h
Reddit user reveals ‘simple hack’ to speed up Swiggy and Zomato deliveries. Viral post
A Bengaluru Redditor claimed using cash on delivery for Zomato and Swiggy led to faster deliveries, sparking a debate on its ...
Your Story
5h
Swiggy’s Rohit Kapoor on gig economy and how the company takes care of delivery partners
At TechSparks Bengaluru 2024, Rohit Kapoor highlighted Swiggy's focus on creating value and success for everyone they engage ...
1h
Swiggy IPO: Prosus may pocket $500 million; founders snag $36 million via secondaries
Swiggy's largest investor, Prosus, plans to offload a 5% stake in the company's upcoming IPO, potentially realizing over $500 million. Other investors like Elevation Capital and Accel will also sell ...
4h
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 ...
6h
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 ...
11h
Swiggy's journey to Rs 10,000-crore IPO: A look at its growth, celebrity backing, and rivalry with Zomato
As Swiggy gears up for a mega IPO with its updated DRHP, investors will keenly eye a pie in the massive 2 lakh-crore food ...
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