Swiggy cuts IPO valuation again

Swiggy cuts IPO valuation again, to $11.3 billion, BlackRock and CPPIB to invest, sources say
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of $15 billion as market volatility and the lacklustre debut of Hyundai India weigh on sentiment,
Your IPO is on its way! Swiggy may be served for public subscription between November 6-8 at valuation of around $11.3 bn
Prosus, SoftBank and Accel are a few of the key investors in Swiggy. Swiggy and its platform Instamart compete with the likes of Zomato-owned Blinkit, Zepto and Tata-owned BigBasket
Swiggy cuts IPO valuation again, to $11.3 bn, BlackRock and CPPIB to invest
Swiggy does not want a bad IPO, a source said. Its last funding round, led by Invesco, valued it at $10.7 billion in 2022
BlackRock, Canada's top pension plan to invest $1.4B in Swiggy IPO in India: Reuters
BlackRock (NYSE:BX) and the Canada Pension Plan Investment Board (CPPIB) will invest $1.4B in the initial public offering of Indian food-delivery giant Swiggy, Reuters reported Sunday, citing two sources.
Swiggy cuts IPO valuation to $12.5 bn-$13.5 bn due to market volatility: Report
Swiggy competes with Zomato in India's online restaurant and cafe food deliveries sector, and both have made major bets on the new so-called quick commerce boom
Swiggy cuts IPO valuation again, to $11.3 billion, BlackRock and CPPIB to invest: report
Swiggy lowers IPO valuation to $11.3 billion amid market volatility, attracting investments from BlackRock and CPPIB.
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Swiggy cuts valuation target for IPO to $12.5 billion-13.5 billion, sources say
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Swiggy lowers aim for valuation in upcoming IPO to $12.5 – $13.5 Bn citing market volatility
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Swiggy Food CEO: The IPO doesn’t keep me awake at night
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Top Stories on Sept 30: Swiggy gets SEBI nod for IPO; ED books Siddaramaiah; US opens 2.5 Lakh visa slots for Indians
Further SEBI approved IPO plans for Swiggy and Hyundai Motor India and several other companies. India’s current account deficit widened to 1.1% of GDP, and core sector output fell by 1.8% in ...
Swiggy’s new feature lets NRIs order food, articles, and more for loved ones in India; here’s how
The new feature was long requested by NRIs, said Swiggy, adding that they will get a new gifting layout, which would make ...