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Nasdaq IPO Advisor / PE / VC / IR / M&A

🚀 Swiggy's IPO: A Game-Changer in the Food Delivery Industry? I just read the news that Swiggy has received the go-ahead from SEBI for its much-anticipated IPO, and it's set to be a big one - potentially raising around Rs 11,000 crore. With major backers like Prosus, SoftBank, and Accel, Swiggy’s clearly aiming high, but I can't help but wonder about the challenges ahead. It’s hard to ignore how competitive the food delivery market is, especially with Zomato already seeing massive growth post-IPO. Swiggy will need to prove its ability to turn a profit in a space that’s still burning cash and facing tough competition. Their use of the confidential filing route is interesting, as it helps protect sensitive info, but it also raises questions about what they might be holding back. With the November launch in sight, I’m curious to see how the market reacts and whether they can meet expectations. #Microcap #IPO #FoodDelivery #Swiggy #SEBI #Prosus #SoftBank #Accel #Zomato #StockMarket #Tech Read more: https://lnkd.in/dbB6yt-V

Swiggy's IPO plan gets green light from Sebi; launch likely in November

Swiggy's IPO plan gets green light from Sebi; launch likely in November

business-standard.com

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