Swiggy delivers 15% jump in India debut as investors bet on quick commerce
SoftBank-backed Swiggy's shares jumped nearly 15 per cent in their trading debut in India on Wednesday, signalling growing investor confidence in food and grocery delivery firms as shoppers increasingly go online and want fast deliveries.
It has an army of gig workers, a fleet of mini-warehouses and big-name investors. But a knockout trading debut isn’t a ...
The Bengaluru-based company has been one of the biggest bets for investors including Prosus, Accel, Elevation Capital and ...
Swiggy, the popular food delivery and grocery platform, made a notable debut on the stock market today. With its initial public offering (IPO) oversubscribed by ...
Swiggy, the food and grocery delivery company, experienced a successful stock market debut on Wednesday. Shares opened at a 7 ...
Debate intensifies over whether Swiggy or Zomato offers better investment in India's booming food delivery market.
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