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SoftBank-Backed Swiggy to Debut in India
Swiggy's shares up 2.5% in trading debut after $1.4 billion IPO
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.
SoftBank-Backed Swiggy to Debut in India After Mega $1.3 Billion IPO
Shares to start trading at 10 a.m. India time after $1.3 billion IPO Indian stocks edge lower at open ahead of Swiggy debut Indian IPOs since 2019 that raised more than $1 billion have on average generated a 3.
India's Swiggy sees shares jump about 8% on debut after country's second-largest IPO this year
The IPO comprised of both a offer for sale of shares worth 68.28 billion rupees and a fresh issue of shares of 44.99 billion rupees.
Swiggy market debut fuels India’s food, quick commerce wars
Shares of Swiggy dropped 4% to 401 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato.
Hosted on MSN
9m
‘You and I…': Zomato welcomes Swiggy on Dalal Street after stock market listing
Food delivery giant
Zomato
welcomed
Swiggy
stock market debut on Tuesday with a warm social media post. "You and I... In ...
18m
‘You and I... In this beautiful world,’ Zomato celebrates Swiggy’s IPO with heartfelt tweet
Zomato sent a heartfelt tweet to rival Swiggy as the latter debuted on the Bombay and National Stock Exchanges. The post, ...
Hindustan Times
12m
Zomato gives ‘Jai and Veeru’ vibes with special meme for rival Swiggy on IPO day
Zomato
took to X and Instagram to share a meme for
Swiggy
on IPO day. The meme has gone viral.
Zomato
has shared a ...
20m
on MSN
Swiggy’s India IPO Defies Weak Market With Listing Gain
Swiggy Ltd.’s shares climbed in their Mumbai debut, signaling a vote of confidence for large initial public offerings in ...
1d
Zomato, Swiggy deny CCI antitrust violations, say media report 'misleading'
Deepinder Goyal-led Zomato clarified to the BSE that although the CCI initiated a preliminary investigation in April 2022, no ...
4d
Exclusive: India finds Zomato, Swiggy food delivery businesses breached antitrust laws, documents show
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached competition ...
Fortune India
1h
Swiggy IPO listing: Zomato rival’s shares list at 8% premium, beats estimates
After successfully raising ₹11,300 crore through initial public offering (IPO), foodtech major Swiggy has finally debuted on the domestic stock exchanges on Wednesday. The share price of Zomato's ...
Your Story
15m
Dalal Street welcomes Swiggy; stock lists at 8% premium on NSE
Swiggy
saw its issue subscribed 3.59 times by the end of its ... along with investments in technology and brand-building ...
15h
on MSN
FSSAI sets this 45-day expiry condition for Swiggy, Zomato, BigBasket and other e-commerce companies
India's food safety authority, FSSAI, has set new guidelines for online food platforms like Swiggy, Zomato, and BigBasket.
1d
CCI probe: Zomato, Swiggy say committed to complying with competition law
Zomato and Swiggy respond to CCI investigation, denying misleading reports and affirming compliance with competition laws.
1d
on MSN
Swiggy, Zomato on anti-trust allegations; Amazon marketplace FY24 report
Swiggy and Zomato have maintained that they are in compliance with India’s competition laws. This and more in today’s ETtech ...
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