What Swiggy's IPO Filing Reveals About its Bid to Take on Zomato
In its DRHP, the company highlighted that they plan to open dark stores in existing cities such as Bengaluru, Pune, Mumbai, Kolkata, and other new places
Swiggy files for $1.25 billion India IPO
SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.25 billion, as the food delivery firm looks to tap a booming stock market in one of India's biggest listings this year.
Swiggy Files Updated IPO to Raise ₹11,600 Crore
Swiggy reported a substantial reduction in its net loss for the fiscal year 2024, which stood at ₹2,350 crore, down by 44% from ₹4,179 crore in the previous year. The company’s revenue increased by 36%, reaching ₹11,247 crore in FY24 compared to ₹8,265 crore in FY23.
India's Swiggy Files for 37.5-Billion-Rupee IPO as Quick Commerce Booms
Bengaluru-based food delivery firm Swiggy said on Thursday that it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India's biggest listings this year.
Swiggy files for $1.25 billion IPO in India's booming stock market
By Aditya Kalra, Ashna Teresa Britto and Haripriya Suresh NEW DELHI/BENGALURU (Reuters) -SoftBank-backed Swiggy filed papers on Thursday for an initial public offering, which a source said would be worth $1.
Swiggy files updated draft papers for ₹3,750 crore IPO, to use ₹1,120 crore for Scootsy
The Swiggy IPO consists of a fresh issue of 37,500 million equity shares with a face value of ₹1 each and an offer for sale (OFS) of 185,286,265 equity shares
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Swiggy incurred net losses and negative cash flow in each year since incorporation
Swiggy started operations its food delivery service in 2014, quick commerce and the pick-up/drop-off service Genie in 2020, ...
Swiggy has spawned 46 start-ups worth over ₹6,277 crore
Swiggy's 'Start-up Mafia' spawns 46 ventures with a collective valuation of ₹Rs 6,277 crore, creating over 4,500 jobs.
Swiggy IPO: Top 10 things to know about the public offering
Swiggy’s IPO aims to fuel Instamart’s expansion amid fierce competition from BlinkIt and Zepto. While Swiggy has improved its ...
Reddit user reveals ‘simple hack’ to speed up Swiggy and Zomato deliveries. Viral post
A Bengaluru Redditor claimed using cash on delivery for Zomato and Swiggy led to faster deliveries, sparking a debate on its ...
Swiggy’s Q1FY25 financials: Losses increase by 8% to ₹611 crore; revenue jumps 35%
IPO-bound foodtech company Swiggy’s losses have expanded by 8 per cent to ₹611 crore in Q1FY25 from ₹564 crore a year ago on ...
Swiggy Vs Zomato: After listing, can loss-making Swiggy deliver return like now-profitable Zomato?
In the DHRP filed on September 26, Swiggy said that they have incurred net losses in each year since incorporation and have ...
Swiggy IPO: 7 key takeaways from updated DRHP
Swiggy's IPO is among the biggest public offers in India this year and is one of the largest offers by a new-age company ...
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Swiggy Vs Zomato: Three important factors where the IPO-bound aggregator lags its rival
There are three important factors where IPO-bound Swiggy lags its rival Zomato. Read on to know more about the factors ...
Swiggy IPO: Rahul Dravid, Amitabh Bachchan, Karan Johar among superstar investors in food tech giant: Report
Cricketers Rahul Dravid and Zaheer Khan, tennis player Rohan Bopanna, filmmaker Karan Johar, and actor-entrepreneur Ashish ...