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    Is Swiggy launching an IPO?
    W hile online food delivery platform Zomato has been in the listed space for quite some time now, reports suggested that its rival, Softbank-backed Swiggy, an online food and grocery ordering and delivery company, is also gearing up to file for an initial public offering (IPO) this weekend.

    Swiggy IPO: DRHP on Friday? Check issue size, key details

    msn.com
    Will Swiggy raise $150 million?
    Indian food delivery startup Swiggy is considering increasing the fresh issue component of its initial public offering by $150 million, aiming to raise a total of up to $1.4 billion in what is shaping up to be one of the largest public listings in India this year.

    Swiggy weighs increasing its IPO size by $150M, aiming to raise up to

    techcrunch.com
    Is Swiggy a competitor to Zomato?
    Here, its platform Instamart competes with Zomato-owned Blinkit, Zepto, and Tata-owned BigBasket. Swiggy, along with Zomato, dominates over 90% of India's food delivery market. This market is projected to expand to ₹2 lakh crore by 2030. While Zomato went public last year, Swiggy is preparing to follow suit in the upcoming months.

    Swiggy plans to file $1.4 billion IPO this weekend: Report

    newsbytesapp.com
    Who owns Swiggy?
    Key investors in Swiggy include Prosus (32%), SoftBank (8%), Accel (6%), Elevation Capital, DST Global, Norwest, Tencent, Qatar Investment Authority (QIA), and Singapore's GIC. Over the past few months, bankers have expressed confidence that Swiggy can list with a market capitalization/valuation of around $10-13 billion.

    Swiggy plans to file $1.4 billion IPO this weekend: Report

    newsbytesapp.com
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  3. MoneyControl
    https://www.moneycontrol.com/news/…

    Swiggy IPO filing likely this weekend, say sources

    WEB2 days ago · In all, Swiggy was earlier set to raise $1.25 billion through its IPO, Rs 3,750 crore (around $450 million) in fresh issue and up to Rs 6,664 crore (around $800 million) as part of the offer-for ...

  4. NewsBytes
    https://www.newsbytesapp.com/news/b…

    Swiggy plans to file $1.4 billion IPO this weekend: Report

    WEB1 day ago · Swiggy initially planned to raise $1.25 billion through its IPO, including ₹3,750 crore ($450 million) in fresh issue and up to ₹6,664 crore ($800 million) as part of the offer-for-sale (OFS).

  6. Goodreturns
    https://www.goodreturns.in/news/swigg…

    Swiggy IPO: Food Delivery Giant Likely To File DRHP …

    WEB2 days ago · Swiggy was last valued at $10.7 billion when it raised funds in January 2022. Since then, the company has seen increased interest in the secondary market, with shares trading at Rs 330-350 per share.

  7. News18
    https://www.news18.com/business/ipo/…

    Swiggy Likely to File Draft IPO Papers This Weekend: …

    WEB2 days ago · Initially expected to raise Rs 3,750 crore ($450 million) through a fresh issue, Swiggy now plans to issue fresh shares worth Rs 5,000 crore ($600 million), increasing the total IPO size to $1.4 billion from $1.25 …

  8. Yahoo Finance
    https://finance.yahoo.com/news/softbank-backed...

    Softbank-Backed Swiggy Said to Eye India IPO Filing This Week

    • forgeglobal.com
      https://forgeglobal.com/Invest_In/Swiggy

      Buy Swiggy Stock | Buy Pre-IPO Stock | Invest in Pre-IPO Stock

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