Inception to IPO and building institutions: The Swiggy story

Nov 13, 2024 · Inception to IPO and building institutions: The Swiggy story After its buoyant public market debut, on-demand food and grocery delivery platform Swiggy wants to launch …

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Swiggy: From A Forgotten Idea To Rs 1 Trillion Market Cap On Listing

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Nov 13, 2024 · Swiggy’s listing has provided a strong exit for several early investors. Prosus, one of the company’s largest investors, has reaped around $2 billion. The company’s senior …

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Inception To IPO And Building Institutions: The Swiggy Story

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As Swiggy ‘s market capitalisation touched $12.3 billion (roughly Rs 1.03 lakh crore) on debut in India’s public markets, Group CEO and Founder Sriharsha Majety mentioned that the …

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Swiggy’s Core: Who’s Driving The IPO-Bound Giant Towards …

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Sep 21, 2024 · And there’s a lot of optimism even within Swiggy about its fortunes. Following Zomato’s 80% share price growth over the past six months, Swiggy has revised its IPO size …

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Swiggy's Market Debut: How New-age Companies Fared On Day 1

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Nov 13, 2024 · Swiggy’s competitor Zomato hit the bourses in July 2021 at Rs 115 on the BSE. This was a premium of 51.3% over the IPO price of Rs 76, and the stock went as high as 81% …

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FAQs about Inception to IPO and building institutions: The Swiggy story Coupon?

Is Swiggy IPO a success story for Digital India?

Swiggy’s IPO is the latest success story for Digital India.” Some of Swiggy’s initial investors have seen returns of 3x to 35x since the company’s listing. “This IPO is a testament to the grit, innovation, and consumer focus that Swiggy has consistently brought to the market,” said Anand Daniel, partner at Accel. ...

How did Swiggy get funding?

In terms of funding, Swiggy has raised over $2 billion in funding from various investors, including Naspers, Tencent, and Meituan-Dianping. This funding has helped the company to expand its operations and improve its technology. Swiggy has also been innovative in its approach to food delivery. ...

Will Swiggy IPO help expand instamart?

Reports suggest Swiggy plans to allocate a significant portion of the funds from its upcoming IPO to expand Instamart. Post-COVID, the restaurant table booking industry in India has undergone a transformation. Both Swiggy and Zomato are now focusing on offering more than just table reservations, expanding into booking experiences. ...

Is Swiggy's IPO a risk?

She adds that a major risk for Swiggy is the potential inability to retain existing users or acquire new ones in a cost-effective way, which could hinder business sustainability. The company had also slashed its valuations prior to the IPO—from $15 billion to $11.3 billion. ...

Is Swiggy a successful startup in India?

Swiggy has become one of the most successful startups in India, and its story can be used as an example for other entrepreneurs who are looking to start their businesses. In the summer, a group of young entrepreneurs decided to start a food delivery service. ...

Is Swiggy going to IPO table in 2024?

Post-COVID, the restaurant table booking industry in India has undergone a transformation. Both Swiggy and Zomato are now focusing on offering more than just table reservations, expanding into booking experiences. The new Swiggy — the one going to the IPO table in 2024 — is more than just food delivery. ...