The IPO is a mix of fresh shares worth Rs 4,499 crore and offer-for-sale of Rs 6,828.43 crore. Swiggy proposes to utilise the ...

Food delivery and quick commerce platform Swiggy’s Initial Public Offering (IPO) was subscribed only 35% on the second day of bidding as broader market indices slipped in red. Sriharsha Majety ...

New Delhi: Swiggy has ramped up its marketing and advertising expenditures, as detailed in its recently updated Draft Red Herring Prospectus (DRHP) submitted to the Securities and Exchange Board ...

and marketing expenses. Unlike delivery charges, these items tend to be more fixed, creating potential for operational leverage. In other words, as Swiggy scales and increases order volume ...

Swiggy has significantly cut its marketing expenditure, from 35.2% of its revenue in 2021-22 to 16.5% in FY24. “As India’s leading consumer technology platform, Swiggy enjoys strong brand ...

(Image/FB) Food and grocery delivery platform Swiggy is looking at markets beyond ... bucket of expenditure from the funds raised is brand marketing and business promotion expenses for enhancing ...

During this festive season, quick commerce platforms are racing to deliver sweets, decorations, and party essentials to ...

Swiggy, one of India’s largest food delivery and quick-commerce startups, is seeking a valuation of up to $11.3 billion in its initial public offering, marking a 57% discount to rival Zomato’s ...

As per the papers drafted by the company, Swiggy plans to invest the funds generated from the fresh issue in technology, cloud infrastructure, brand marketing and business promotion. The proceeds ...

Swiggy has raised around $606 million from a set of more than 75 anchor investors as part of its $1.35 billion initial public offering, as the Indian food delivery and quick commerce startup ...

Bidding for the initial public offering (IPO) of Swiggy Ltd began on 6th November 2024 and will remain open until 8th November 2024. This means investors have two days to apply for the public issue.

The company aims to raise ₹11,327.43 crore from this initial offer, which will consist of a mix of fresh shares and OFS. Analysts point out Swiggy’s increased Average Order Value (AOV) and expanded ...