Login

News Post

🔥 10 people are talking about this

‘You and I... In this beautiful world,’ Zomato celebrates Swiggy’s IPO with heartfelt tweet

LivemintLivemint · 1d
‘You and I... In this beautiful world,’ Zomato celebrates Swiggy’s IPO with heartfelt tweet

Indian food delivery giants Zomato and Swiggy showcased a rare moment of camaraderie as Swiggy launched its highly anticipated IPO. Zomato tweeted a picture of their delivery personnel standing together, gazing at the Bombay Stock Exchange building adorned with a "Now Listed Swiggy" banner. Swiggy's IPO opened at ₹420 on the National Stock Exchange, a 7.69% increase over the IPO price of ₹390. Despite cautious market conditions, Swiggy's IPO was oversubscribed 3.59 times and received strong backing from investors. The successful debut is viewed as a testament to the growth potential of India's digital economy and food delivery market.

21
3
View Source

Comments

More Like this

Bulk order: The rush for Swiggy’s unlisted shares | The Arc

Bulk order: The rush for Swiggy’s unlisted shares | The Arc

Swiggy’s post-IPO journey: a tough road ahead

Swiggy’s post-IPO journey: a tough road ahead

Capital won't decide winners in quick commerce: Swiggy’s Sriharsha Majety

Capital won't decide winners in quick commerce: Swiggy’s Sriharsha Majety

Baron Capital marks up Swiggy’s valuation to $15.1 Bn

Baron Capital marks up Swiggy’s valuation to $15.1 Bn

Swiggy’s Instamart bled $125 mn in 3 quarters

Swiggy’s Instamart bled $125 mn in 3 quarters

How dining and events could be Swiggy’s next growth engine

How dining and events could be Swiggy’s next growth engine

Starting a company just to make money won't work: Zomato CEO Goyal

Starting a company just to make money won't work: Zomato CEO Goyal

You're such a hack bro: Kunal Kamra on Zomato CEO Deepinder's world record post

You're such a hack bro: Kunal Kamra on Zomato CEO Deepinder's world record post

Good to have multiple players: Zomato CEO Deepinder on Swiggy IPO

Good to have multiple players: Zomato CEO Deepinder on Swiggy IPO

Prosus may have promoter tag in Swiggy’s $1 billion IPO

Prosus may have promoter tag in Swiggy’s $1 billion IPO

Download the medial app to read full posts, comements and news.