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
Swiggy cuts valuation target for IPO to $12.5 billion-13.5 billion, sources say
Indian food delivery giant Swiggy is internally aiming for a company valuation of $12.5 billion-13.5 billion for its upcoming IPO, cutting its target by 10-16% due to market volatility, two people with direct knowledge said on Thursday.
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.
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.
IPO-bound Swiggy sets valuation target at $11.3 billion to aid retail participation; Issue to open post Nov 6
Swiggy has slashed its IPO valuation target due to the current volatility in the Indian stock market and to ensure greater ...
Swiggy IPO: Food Delivery Giant Revises Valuation Downwards By 10-16% Amid Market Volatility; Check
Swiggy, one of Indias leading food delivery platforms, is gearing up for its much-anticipated initial public offering (IPO) ...
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Swiggy lowers aim for valuation in upcoming IPO to $12.5 – $13.5 Bn citing market volatility
One of the biggest food delivery services in India, Swiggy, is getting ready to go public in what is expected to be one of ...
India’s Zomato to raise $1B ahead of rival Swiggy’s IPO
Zomato said on Tuesday its board had approved the company's proposal to raise $1 billion through a so-called qualified ...
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Swiggy Food CEO: The IPO doesn’t keep me awake at night
Get the latest Business News, Live Share & Stock Market Updates, Top News from India and across world. Read Top Business News ...
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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 ...