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Swiggy delivers 17% surge in debut
Swiggy Delivers 17% Surge in Debut as Investors Bet on Indian Quick Commerce
Dutch tech investor Prosus, which owns 25% of Swiggy, said on Wednesday it had made $2 billion on its investment in the company. SoftBank holds a roughly 8% stake.
Swiggy's shares jump 15% in Indian debut, value company at $11.9 billion
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy jumped nearly 15% in their trading debut on Wednesday, bucking weakness in the broader market and a better performance than some analysts had predicted for the loss-making firm after its $1.
India delivery app Swiggy shares gain on market debut
Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit
51m
on MSN
Swiggy vs Zomato: Which food delivery stock should you buy for long-term? Here's a 5-point analysis
According to analysts, the food delivery giants are poised for a strong run on the bourses and carry the potential to give ...
1d
Swiggy CEO says he came up with idea of company for college project, forgot about it later
Sriharsha Majety first conceived the idea of Swiggy during a project at the Indian Institute of Management (IIM) Calcutta. At ...
3d
on MSN
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1 ...
2d
on MSN
Prosus eyes PayU IPO in 2025 after stellar Swiggy listing
Prosus aims to list fintech firm PayU in 2025 as the Dutch investor looks to shift more focus to India. On Wednesday it ...
inc42
1d
Swiggy Ropes In Ex-Lenskart Executive Supriya Shankar As VP Of Events
The appointment comes at a time when
Swiggy
’s rival Zomato is betting big on the going out vertical and plans to soon ...
3d
on MSN
Swiggy’s India IPO Defies Weak Market With 17% Listing Gain
Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in one of the best debuts for a large initial public offering this year, ...
3d
Swiggy’s Shares Jump in India’s Second-Largest IPO This Year
Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery ...
1d
Swiggy shares slump nearly 6% day after market debut
Shares of newly-listed food delivery and quick commerce major Swiggy declined nearly 6 per cent on day two of trading on ...
3d
on MSN
Prosus Gains $2 Billion on Swiggy Investment with IPO Value
Tencent Holdings Ltd.’s top backer Prosus NV said it has made more than $2 billion on its Swiggy investment as it continues ...
1d
on MSN
Swiggy share price above 25% from issue price, hits ₹1 lakh crore market cap. Do you own?
Swiggy shares jumped as much as 7.3% intraday to a fresh high of ₹489.25 apiece on the BSE, with its market capitalization ...
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India
IPO
Initial public offering
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Zomato
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