Swiggy, IPO and Zomato
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 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'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 delivery market. However, it faces a profitability challenge, amid competition from Zomato,
Swiggy Files Updated IPO to Raise ₹11,600 Crore
Swiggy reported a substantial reduction in its net loss for the fiscal year 2024, which stood at ₹2,350 crore, down by 44% from ₹4,179 crore in the previous year. The company’s revenue increased by 36%, reaching ₹11,247 crore in FY24 compared to ₹8,265 crore in FY23.
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.
Swiggy Vs Zomato: Food Giant Gears Up For Rs 10,400 Cr IPO; From Financials To Challenges, A Comparison
Swiggy, one of the country’s leading food and grocery delivery platforms, gears up for one of the largest and most anticipated IPOs of the year. The Securities and Exchange Board of India (SEBI) has recently given the green light to Swiggy’s updated Draft Red Herring Prospectus (DRHP),
Swiggy files for Rs 10k crore IPO, eyes Diwali listing
Swiggy has filed for an IPO estimated at $1.2 billion, which could increase to $1.4 billion following a shareholder meeting. The company intends to raise Rs 3,750 crore through new shares and the rest from an offer-for-sale by existing investors.
Swiggy files IPO, aims to raise Rs 3,750 crore through fresh issue
Sources, however, added that the company may decide to upsize the fresh issue component by another Rs 5,000 crore, taking the total fresh issue component up to Rs 11,600 crore
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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, ...
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.
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Swiggy Q1: Loss Widens 8% YoY To INR 611 Cr, Operating Revenue Jumps 35%
Swiggy widened its net loss by 8% to INR 611 Cr in Q1 FY25 from INR 564.08 Cr in the year-ago period owing to a surge in ...
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 ...
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 ...
Swiggy IPO: 7 key takeaways from updated DRHP
Swiggy's IPO is among the biggest public offers in India this year and is one of the largest offers by a new-age company ...
Swiggy IPO: Rahul Dravid, Amitabh Bachchan, Karan Johar among superstar investors in food tech giant: Report
Cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, filmmaker Karan Johar, and actor-entrepreneur Ashish ...