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Swiggy passes resolution for potential ₹10,414-crore IPO: Report
short by Mansi Agarwal / on Thursday, 25 April, 2024
Swiggy shareholders have passed a resolution for an initial public offering that could potentially raise ₹10,414 crore, NDTV Profit reported citing regulatory filings. The food delivery startup reportedly plans to raise up to ₹6,664 crore via offer-for-sale and ₹3,750 crore via fresh issue of shares. Swiggy recently also converted to a public limited company from a private entity.
read more at NDTV Profit