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SoftBank-Backed Swiggy to Debut in India
Swiggy defies weak market in strong India debut
Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in India this year,
Swiggy's shares jump 15% in Indian debut, value company at $11.9 billion
(Reuters) -Shares of Indian food and grocery delivery firm Swiggy jumped nearly 15% in their trading debut on Wednesday, bucking weakness in the broader market and a better performance than some analysts had predicted for the loss-making firm after its $1.
Swiggy’s India IPO Defies Weak Market With Listing Gain
Swiggy Ltd.’s shares climbed in their Mumbai debut, signaling a vote of confidence for large initial public offerings in India.
The Financial Express
6h
Can startups, ineligible for Startup India programme, register for new Bhaskar scheme?
under the
Startup India
programme brings key stakeholders of the
startup
ecosystem under one roof. As a centralized ...
Analytics Insight
12h
Top Robotics Startups in India to Watch in 2025
India’s robotics industry is rapidly evolving, driven by innovative startups focused on manufacturing, healthcare, ...
The Economist
6d
India’s startup scene is picking up speed again
India’s startup scene has had a difficult few years, as funding dried up and once high-flying firms crashed back down to ...
cnbctv18
1h
SoftBank: ‘We are back in the game’ with bets on capital-conscious startups
Sumer Juneja, Managing Partner and Head of EMEA & India Investing at SoftBank, believes that rising wealth and busier ...
1d
on MSN
Lightspeed doubles down on Wheelocity as it pivots to rural India commerce
While India’s urban population is shifting from mom-and-pop stores to quick commerce platforms, its rural side — home to more ...
10h
Google grants $1 million to Indian non-profit AI startup Karya
Google has granted $1 million grant to Indian AI non profit startup Karya for supporting people in rural areas and ...
cnbctv18
15h
Razorpay teams up with Peak XV & Lightspeed to invest in India’s early-stage B2B startups
Through this program, Razorpay will provide crucial funding, technology support, and leadership support to B2B startups ...
7h
Indian shares, including Nifty 50, slip into correction as rate woes adds to sour sentiment
A wide swathe of the Indian shares, including the benchmark Nifty 50, slipped into correction territory on Wednesday as ...
2d
on MSN
AI startup Sparkcognition rebrands as Avathon, to triple India headcount in two years
San Francisco-headquartered industrial artificial intelligence (AI) startup Sparkcognition, which is backed by the likes of ...
inc42
12d
Indian SaaS Startup Funding Sees 33% YoY Spike In H1 2024
Indian SaaS startup funding increased 33% year-on-year to $915 Mn in H1 2024 from $683 Mn raised in the year-ago period ...
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