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The IPO also comes as India's stock markets surged to record highs recently, with about 235 companies raising more than $8.6 billion - more than double the amount raised last year, LSEG data showed.
SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, three people familiar with the ...
(Reuters) -Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as institutional investors rushed in with orders on the final day of India's ...
In January 2024, Swiggy laid off 400 employees, or 6% of its workforce, ahead of IPO. [30] [31] In April 2024, Swiggy converted itself into a public limited company [32] and confidentially filed for an initial public offering. [33] Swiggy launched its initial public offering (IPO) in November 2024 at ₹390 per share, valuing the company at $11 ...
Stock market prediction is the act of trying to determine the future value of a company stock or other financial instrument traded on an exchange.The successful prediction of a stock's future price could yield significant profit.
Financial Times [3] terms a double-digit percentage fall in the stock markets over five minutes as a crash, while Jayadev et al. describe a stock market crash in India as a "fall in the NIFTY of more than 10% within a span of 20 days" or "difference of more than 10% between the high on a day and the low on the next trading day" or "decline in ...
Swiggy doubled its valuation to $10.7 billion in its latest funding round, Reuters reported last month, citing sources. India's Swiggy eyes $800 million IPO early next year - Nikkei Skip to main ...
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