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Inception to IPO and building institutions: The Swiggy story

  • Swiggy's market capitalization reached $12.3 billion on its debut in India's public markets.
  • Swiggy aims to build more innovative products for Indian consumers in the future, touching their lives positively.
  • Swiggy's shares closed 10.48% higher than the listing price, making nearly 500 employees crorepati with the company's Employee Stock Ownership Plan (ESOPs).
  • Investors remain bullish on Swiggy's potential, with a projected $50 billion opportunity in the quick commerce market and the success of the online food delivery model.

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