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India, Swiggy
Swiggy Delivers 17% Surge in Debut as Investors Bet on Indian Quick Commerce
Dutch tech investor Prosus, which owns 25% of Swiggy, said on Wednesday it had made $2 billion on its investment in the company. SoftBank holds a roughly 8% stake.
Swiggy market debut fuels India's food, quick commerce wars
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India's second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato.
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
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.
India Delivery App Swiggy Shares Gain On Market Debut
Indian food delivery firm Swiggy rose more than 10 percent on its market debut Wednesday, after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism at quick commerce offset profit concerns.
Swiggy delivers 15% jump in India debut as investors bet on quick commerce
SoftBank-backed Swiggy's shares jumped nearly 15% in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery ..
23m
on MSN
Swiggy 500 employees become 'crorepatis'; Company unlocks Rs 90000000000 worth of ESOPs in IPO, Zomato’s Ceo says…
The Rs 11,327-crore initial public offer of Swiggy got fully subscribed on the final day of the share sale on Friday, ending ...
2h
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 ...
29m
on MSN
Zerodha founder Nithin Kamath 'reshares' his 2019 statement on why India need Jio, Paytm, Ola and Swiggy
Zerodha CEO Nithin Kamath celebrated the recent IPO of Swiggy, reflecting on his 2019 prediction about the growth of Indian ...
AOL
6d
Swiggy's $1.4 billion IPO oversubscribed as investors bet on quick-commerce boom
(Reuters) -
Food
and grocery delivery firm
Swiggy
's $1.4 billion initial public offering was oversubscribed on Friday, as ...
1d
Food delivery giants face off: How Swiggy measures up to Zomato?
Zomato may be ahead in the food delivery and quick commerce race, but its high valuation could give Swiggy the perfect chance ...
2d
Swiggy IPO listing: The debut of the food and grocery firm’s shares on the stock exchanges?
Swiggy Ltd had set a price band of Rs 371-390 per share for its Rs 11,300 crore initial public offering. The offer consisted ...
6d
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 ...
2d
on MSN
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 ...
2d
Swiggy Share Price: Food Delivery Stock Gets BUY Rating First Time After Listing; JM Financial Sets Rs 470 TP
Following its debut, Swiggy has also received its first brokerage coverage with a BUY rating. Broker JM Financial likes ...
Hosted on MSN
2d
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian
food
and grocery delivery firm
Swiggy
rose 2.5% in their trading debut on Wednesday, after ...
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