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India, Swiggy
India’s Swiggy defies weak market in largest 2024 tech IPO globally
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in India this year,
Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in one of the best debuts for a large initial public offering this year, driven by strong investor interest in India’s burgeoning quick-commerce space.
SoftBank-backed Swiggy's shares soar 15% on India market debut after stellar IPO
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion rupees.
9d
Exclusive: India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition ...
7d
How Swiggy Beat Amazon to 13-Minute Grocery Deliveries in India
It has an army of gig workers, a fleet of mini-warehouses and big-name investors. But a knockout trading debut isn’t a ...
1d
on MSN
Weekend Wrap: From Swiggy to Zomato, top market movers and news of week
Presenting a comprehensive recap of the week’s highlights, spanning from top news to market performance, here’s your market ...
2d
Prosus Gains $2 Billion on Swiggy Investment with IPO Value
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues ...
10d
Swiggy’s $1.3 Billion India IPO Sold on Final Day
Swiggy
Ltd.’s $1.3 billion initial public offering was subscribed ... The offering, one of the few $1 billion-plus listings ...
2d
Swiggy CEO says he came up with idea of company for college project, forgot about it later
Sriharsha Majety first conceived the idea of Swiggy during a project at the Indian Institute of Management (IIM) Calcutta. At ...
2d
This product tops sales on Swiggy Instamart, dethrones batteries from top spot
Swiggy Instamart's CEO highlighted a notable change in consumer preferences, with demand for household essentials increasing ...
3d
Prosus yields profit of over $2 Bn on Swiggy investment, Ervin Tu shares plans to retain 25% of Swiggy
Prosus NV, the investment behemoth behind Tencent Holdings Ltd., has declared a strong return on its investment in Swiggy, ...
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