Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

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Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

Swiggy, an Indian food delivery and instant commerce startup, plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders. The company disclosed its IPO plans in a filing to the local regulator. The Bengaluru-headquartered startup plans to raise $450 million through the issuance of new shares and offer […] © 2024 TechCrunch. All rights reserved. For personal use only.