Fundraising Goal

Swiggy’s IPO Sees 12% Subscription on Day One Amid Rs 11,327 Crore Fundraising Goal

Food delivery platform Swiggy received a modest response on the first day of its initial public offering (IPO), reaching just 12% subscription. The Bengaluru-based company, valued at $11.3 billion (around Rs 95,000 crore), aims to raise Rs 11,327 crore, of which Rs 5,085 crore has already been secured from anchor...