Swiggy, the Indian food delivery giant, seeks $1.25 billion in IPO after receiving shareholder approval

by TopTechTrends

Swiggy plans to raise $1.25 billion in an initial public offering and has secured approval from its shareholders, the Indian food delivery and instant commerce startup disclosed in a filing to the local regulator. The Bengaluru-headquartered startup plans to raise $450 million through issuance of new shares, and offer $800 million of shares from existing […]