U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce startup that is on ...
Invesco had participated in Swiggy’s $700 Mn funding round in January 2022 at a valuation of $10.7 Bn. Back then, the investor spent $190.47 Mn for a stake in the IPO-bound company And now ...
IPO-bound Swiggy is prioritising sustainable long-term profitability over short-term bursts of gains, said Food Marketplace CEO Rohit Kapoor after the company’s latest filing revealed a wider ...
Swiggy’s out-of-home consumption vertical shows modest progress despite a late start, thanks to Indians’ growing desire for experiences. MUMBAI: After delivering nearly everything—from ...
Swiggy's Instamart is India's No.2 in the quick commerce segment with an estimated market share of 20-25%, behind Zomato-owned Blinkit which has 40-45%, according to a UBS note released in August.
Oct 3 (Reuters) - SoftBank-backed Indian food delivery company Swiggy (SWIG.NS), opens new tab received shareholders' approval to use a provision that will allow it to increase the size of fresh ...
Swiggy IPO: Swiggy, one of India's largest food delivery platforms, filed its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on September 26 as ...
Swiggy release its annual report on food trends on 2023. The report is back for the 8th consecutive year. It reveals interesting food ordering behaviour of Indians. 2023 was a year of culinary ...
SoftBank Group (9984.T), opens new tab and Prosus-backed (PRX.AS), opens new tab startup Swiggy may target a valuation of up to $15 billion in its Mumbai initial public offering, Reuters reported ...
Swiggy IPO: Swiggy has moved a step ahead on its D-street journey as the food and grocery delivery major filed its updated ...
The timing of the share sale, the company’s first major fundraise since its 2021 IPO, is notable, because it comes just weeks before its rival Swiggy’s public debut. Bengaluru-based Swiggy ...
Swiggy, an on-demand convenience delivery platform, has announced the addition of privileges to its Swiggy One and Swiggy One Lite membership programs. The membership program offers benefits ...