Indian IPOs have raised $8.6 billion this year, 3 more billion-dollar IPOs in line

Indian IPOs have already raised $8.6 billion this year, more than each of the two preceding years, Bloomberg reported. Three more billion-dollar IPOs are in the pipeline as Swiggy considers filing for a $1 billion-plus offering. LG Electronics' listing of its Indian business could raise up to $1.5 billion. Hyundai Motor India plans to raise as much as $3.5 billion.