Bussiness

Swiggy has officially applied for its IPO, submitting draft papers to the Securities and Exchange Board of India (SEBI) on September 26. The online food delivery platform plans to issue fresh equity shares worth ₹3,750 crore, while existing shareholders will sell around 18.52 crore equity shares through the Offer for Sale (OFS). This move positions Swiggy as the second company to be listed in the food delivery sector, following Zomato. Major investors in Swiggy include Prosus, SoftBank, and Accel, with notable participants in the share sale such as Excel, Alpha Wave, Elevation Capital, Norwest, and Tencent.

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase,...

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase,...

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase,...

It is a daily ritual for millions of Australians, but if you have noticed the price of your morning flat white or soy latte increase,...