Swiggy's valuation for its upcoming IPO is derived from a comprehensive institutional roadshow and a focus on "strategic moats".
The IPO pricing aims to be attractive for robust investor participation, with a strategic moat built on diverse service offerings, high customer engagement, and strong user retention.
Swiggy adopts a differentiated approach centered around convenience rather than value, in contrast to grocery retailers like D-Mart.
Swiggy's recent financial performance shows growth in gross order value, positive adjusted EBITDA in its food delivery business, and improvement in contribution margins for quick commerce segment.