Bengaluru-based Swiggy, backed by Prosus Ventures, SoftBank, and Accel, aims to raise about $1.4 billion in its IPO next month. The move by Zomato, which one investor characterized as “sucking ...
Swiggy IPO: A Game-Changer or Stick with Zomato? Expert Analysis. As Swiggy launches its much-anticipated IPO, the key question remains: does Swiggy have what it takes to rival Zomato in the stock ...
marking a 57% discount to rival Zomato’s market cap. The lossmaking Bengaluru-based company has set an IPO price band of ₹371 to ₹390 ($4.41 to $4.64) per share for next month’s IPO.
Advt This will be Zomato's first fundraise, three years after its IPO in 2021 July. As of June 2024, Zomato's cash balance stands at around Rs 12,241 crore. According to Zomato's April - June 2024 ...
Premium Sagility IPO Day 2 Live Updates ... technology-based services to payers (US health insurance companies that cover and reimburse health service expenses) and providers (mainly hospitals ...
The plans to raise fresh comes at a time when Zomato’s major rival, Swiggy is preparing for a significant IPO. Swiggy has received SEBI approval to raise approximately Rs 10,414 crore to Rs ...
Food delivery platform Zomato Ltd's board will consider fundraising ... its rival Swiggy is headed for an initial public offering (IPO). Zomato reported a consolidated profit of Rs 253 crore ...
Zomato is already listed, having gone for a ₹9,375 crore IPO with its shares lately soaring as much as 136.68% in the last year, the report read. Also Read: Ex-Abercrombie CEO pleads not guilty ...