Swiggy, the Indian food delivery giant, is making waves with its recent announcement to launch an Initial Public Offering (IPO) on November 6. This ambitious move, estimated to raise Rs 12,000 crore, includes a Rs 3,750 crore fresh issue and a sizeable offer for sale (OFS) by existing investors, positioning Swiggy as a formidable player […]
Softbank-backed Indian food delivery giant Swiggy is reportedly poised to make waves in the stock market as it plans to file for an initial public offering (IPO) this week, aiming to raise more than $1 billion, as reported by Bloomberg. The Bengaluru-based company is set to join a surge of companies tapping into India’s booming […]
Swiggy, India’s top on-demand convenience platform, revealed today its plans to acquire LYNK Logistics Limited, one of the country’s most prominent tech-driven FMCG retail distribution companies. As part of the agreement, LYNK Logistics will continue to function independently under the leadership of Co-founder and CEO, Shekhar Bhende. LYNK Logistics, founded by Abinav Raja and Shekhar […]