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    HomeTechnologyInvesco reduces valuations of IPO-bound Swiggy, Pine Labs

    Invesco reduces valuations of IPO-bound Swiggy, Pine Labs

    Invesco has pegged Swiggy’s valuation at $12.3 billion, down from its previous assessment of $12.7 billion. While Pine Labs was worth $3.5 billion, lower than $3.8 billion from a quarter ago, the US investor has said

    Moneycontrol News
    July 12, 2024 / 13:39 IST
    At $12.7 billion, Swiggy’s valuation will be closer to the valuation it is eyeing during its public market in the months to come.
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