Madhuri Dixit Goes Dhak Dhak for Swiggy, Snaps Up Shares Ahead of IPO
- Leading Indian actor Madhuri Dixit has bought shares in Swiggy ahead of its IPO, investing Rs 1.5 crore along with Ritesh Malik.
- The shares were purchased at Rs 345 each in a secondary market transaction facilitated by Swiggy's investment banker Avendus.
- Swiggy is set to list on the stock exchanges later this year with a $1.4 billion IPO, recently upsized.
- Swiggy's revenue grew 36 percent in FY24, while its losses decreased by 44 percent.
- Dixit is the second celebrity to invest in Swiggy, following Amitabh Bachchan's investment in August.
Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/madhuri-dixit-goes-dhak-dhak-for-swiggy-snaps-up-shares-ahead-of-ipo-12824603.html)
- The shares were purchased at Rs 345 each in a secondary market transaction facilitated by Swiggy's investment banker Avendus.
- Swiggy is set to list on the stock exchanges later this year with a $1.4 billion IPO, recently upsized.
- Swiggy's revenue grew 36 percent in FY24, while its losses decreased by 44 percent.
- Dixit is the second celebrity to invest in Swiggy, following Amitabh Bachchan's investment in August.
Source: [Moneycontrol](https://www.moneycontrol.com/news/business/startup/madhuri-dixit-goes-dhak-dhak-for-swiggy-snaps-up-shares-ahead-of-ipo-12824603.html)
Isaiah Hyrum
Stealth
a month ago
There is something up here. Firstly Amitabh, now Madhuri
Are they targeting the 70-90s generation? Is it part of a campaign?
Discover More
Curated from across
Indian Startups on
by Matilda Denver
Acko
Swiggy's valuation in it's best shape before the impending IPO
Baron Capital, an investor in Indian food delivery startup Swiggy, has increased the value of its stake in the Indian firm, implying a valua...
https://techcrunch.com/2024/03/08/baron-values-swiggy-at-12-16b-above-prior-private-market-valuation/