Swiggy, one of India’s largest food delivery and quick commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s market cap. The lossmaking Bengaluru-based company has set an IPO price band of ₹371 to ₹390 ($4.41-$4.64) per share for next month’s IPO. […]
© 2024 TechCrunch. All rights reserved. For personal use only.
via https://www.aiupnow.com
Manish Singh, Khareem Sudlow
