HomeNewsBusinessStartupSwiggy cuts IPO valuation to $12.5 bn-$13.5 bn due to market volatility: Report

Swiggy cuts IPO valuation to $12.5 bn-$13.5 bn due to market volatility: Report

Swiggy competes with Zomato in India's online restaurant and cafe food deliveries sector, and both have made major bets on the new so-called quick commerce boom

October 24, 2024 / 17:45 IST
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Swiggy plans to conduct roadshows for its stock offering in many Indian cities starting October 30, said the second source.
Swiggy plans to conduct roadshows for its stock offering in many Indian cities starting October 30, said the second source
Reuters
first published: Oct 24, 2024 05:25 pm

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