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India, Swiggy
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 $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability. The stock listed at 420 rupees ($4. ...
India’s Swiggy defies weak market in largest 2024 tech IPO globally
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in India this year,
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, driven by strong investor interest in India’s burgeoning quick-commerce space.
Analytics Insight
7h
Swiggy Share Price Highlights: Swiggy Shares Close Nearly 6% Lower After IPO - Should You Buy?
Swiggy, India’s leading on-demand delivery platform, recently made headlines with its highly anticipated Initial Public ...
1d
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
14h
Swiggy Shares Tumble Over 5% In Second Trading Session
The stock rallied over 7% in the second trading session to hit an intraday high of INR 489.25 on the BSE. However, it shed ...
Live Mint on MSN
5h
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 ...
8h
Prosus yields profit of over $2 Bn on Swiggy investment, Ervin Tu shares plans to retain 25% of Swiggy
Prosus NV, the investment behemoth behind Tencent Holdings Ltd., has declared a strong return on its investment in Swiggy, ...
Hosted on MSN
1d
Swiggy delivers 17% surge in debut as investors bet on Indian quick commerce
BENGALURU (Reuters) -SoftBank-backed
Swiggy
's shares ended nearly 17% higher in their trading debut in India on Wednesday, ...
8h
on MSN
Swiggy CEO reveals he came up with idea of company for a college project, then forgot about it
Swiggy CEO Sriharsha Majety said that the company's idea originated during his college days, calling it a miracle to see it ...
5h
on MSN
Blinkit, Swiggy, Zepto, Flipkart Minutes captured around 50% Kirana sales in India, may touch Rs 332000 crore business by...
In a remarkable development indicating a major consumer shift towards preferring the convenience of groceries being delivered ...
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