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Swiggy IPO to open on November 6
- Swiggy's IPO will open for bids from investors between November 6 and 8.
- The IPO will be a combination of fresh issue of shares and offer for sale (OFS) from existing shares.
- Swiggy aims to raise Rs 4,499 crore through the fresh issue of shares and expects a valuation of around $11 billion.
- Key investors selling their shares in the IPO include Accel, Elevation Capital, Prosus, Tencent, and Norwest.
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