Friday, 25 August 2023

Swiggy Said to Have Initiated Talks for IPO Plans, Eyes Stock Listing in 2024

Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to assess its valuation, after halting the process for months due to weak markets, three sources with direct knowledge of the matter said. Swiggy, which delivers food from restaurants and also groceries, was valued at $10.7 billion (nearly Rs. ...

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