SoftBank-Backed Swiggy’s Shares Bounce Back, Defying Weak Market
Swiggy is set to debut on the Indian stock markets. The $1.3 billion initial public offering is one of the few $1 billion-plus listings in India this year. It was one of the first companies that expanded beyond food delivery to quick commerce.
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
Shares of Indian food delivery giant Swiggy soared over 9% on their trading debut Wednesday after its teh company's stellar IPO — the country's second-largest this year. The company, which is backed by SoftBank, raised 113.27 billion Indian rupees ($1.34 ...
Dutch tech investor Prosus, which owns 25% of Swiggy, said on Wednesday it had made $2 billion on its investment in the ...
SoftBank did not sell its stakes in the company as part of the OFS (Offer For Sale), continuing to hold on to a 7.4% stake ...
Several brokerages have initiated coverage on Swiggy stock, which popped 7.7% upon listing on Wednesday, with perspectives ...
Swiggy experiences a remarkable 15% increase on its IPO debut, marking an impressive entry into the stock market.
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