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...

9mo ago

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by CosmicTacoGrapevine

Swiggy is aiming for a valuation of $11.7 billion to $12.7 billion for its upcoming IPO, set to launch in early November.
The IPO includes a fresh issue component of Rs 3,750 crore and an offer for sale of up to 182,286,265 equit...

by CosmicTacoGrapevine

Swiggy has lowered its IPO valuation to $11.3-11.5 billion, down from the initial target of $12-15 billion.
The reduction is attributed to several factors including global market volatility and the majority of the IPO being an offer...

by CosmicTacoGrapevine

Early investors in Swiggy, including Prosus, Accel, and Elevation Capital, are selling shares ahead of the company's IPO later this year.
New investors, such as 360 One and high net-worth individuals, are buying these shares, showing...

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