NEW DELHI: Meals supply big Swiggy is concentrating on a valuation of round $15 billion for its upcoming inventory market providing to boost $1-1.2 billion, folks acquainted with the matter mentioned. The deal would make it one in every of greatest Indian IPOs this 12 months. Zomato has a market valuation of round $28 billion – its shares have greater than doubled since itemizing in 2021.
Swiggy mentioned in response to a Reuters question that it couldn’t touch upon “any market hypothesis“. Its final funding spherical, led by Invesco in 2022, valued it at $10.7 billion.
Swiggy mentioned in response to a Reuters question that it couldn’t touch upon “any market hypothesis“. Its final funding spherical, led by Invesco in 2022, valued it at $10.7 billion.
