Swiggy has likely picked seven investment banks as advisors for its IPO in 2024, Moneycontrol reported. The banks include Kotak Mahindra Capital, Citi, JPMorgan, BofA Securities, Jefferies, ICICI Securities and Avendus Capital. Swiggy is likely to file the DRHP for the IPO confidentially in March 2024, with the IPO scheduled to launch in July-August 2024.