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2024-11-02 07:16:10| The Economic Times

Swiggy's anticipated IPO next week has generated significant interest among celebrity investors and institutional firms. With the online food delivery market projected to grow at 20% during CY23-28, Swiggy targets a valuation of $11.3 billion and plans to use the proceeds for investments in technology, cloud infrastructure, and brand marketing.


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01.12FPIs favour IPOs again, pump $1.3 billion into primary market in November
01.12Only 26% of IPO funds going to capex, BoB Study reveals
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