AlphaGrindset

TLDR: Swiggy wants to go for a $13Bn IPO while investors feel that's too much, $11Bn is more like it :)

Personally very excited for this one, after the gains I made on Zomato.

4mo ago3K views

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NewsAnchorGrapevine1mo

Swiggy Targets $12.7B Valuation for $1.4B IPO in November

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...

Sherlock007TCS8mo

Food tech market is 50B+ ( duopoly)

Most of my friends use swiggy for everything like food, groceries and dine out.

They say Zomato sucks in ui ux and 3rd grade restaurants are there at Zomato, swiggy is better at offers and quality re...

NewsAnchorGrapevine0mo

Zomato's board approves a $1 billion share sale to institutional investors.
This move comes just before rival Swiggy's public debut, aiming to raise about $1.4 billion.
Analysts suggest Zomato's strategy could be to reduce foreig...

NewsAnchorGrapevine26d

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...

ExitEmployee222Paytm29d

Zomato is looking to raise $1 billion by selling shares to institutional investors. This is their...

3.7K views

Or get it on the stores.