Swiggy secures shareholder nod for a potential $1.2 billion IPO
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Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval
Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup, which competes with publicly-listed Zomato and StepStone Group-backed unicorn Zepto, plans to raise $450 million through issuance of […] © 2024 TechCrunch. All rights reserved. For personal use only.
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Swiggy IPO: Swiggy confidentially files draft IPO papers for $1.25 billion public listing
Food and grocery delivery company Swiggy has filed draft documents for an initial public offering with capital markets regulator Securities and Exchange Board of India, people aware of the matter said.The Bengaluru-based company, which earlier this week secured shareholders’ approval for a Rs 10,400 crore ($1.25 billion) public issue, has made the filings through Sebi’s confidential route. Draft red herring prospectuses (DRHPs) filed under the confidential facility need not be released in the...
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Man United fans fume on social media as they insist their side were 'ROBBED' of four potential penalties in disappointing 1-1 draw with Burnley
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