A naukri.com initiative
Inc42
3w
30
Image Credit: Inc42
Swiggy Cuts IPO Valuation Target To $13.5 Bn
- Swiggy has reduced the valuation target for its IPO to $12.5 Bn to $13.5 Bn.
- The decision was made due to market volatility and correction in the Indian equities market.
- Swiggy aims to ensure value is left on the table for investors who participate in the public issue.
- Zomato, Swiggy's rival, currently holds a valuation of around $26.7 Bn.
Read Full Article
1 Like
For uninterrupted reading, download the app