Swiggy, the Indian food delivery giant, is gearing up for an IPO, aiming to raise over $1 billion. Read this article to know more!

Bengaluru-based Swiggy is likely to raise more than $1 billion from its IPO as the diversified food biz startup is waiting to get approval from Sebi) to proceed with the IPO filing, said the report.

The company is looking to raise more than $1bn, people in the know reportedly told Bloomberg as the information is not public yet. It is reported that the Bengaluru-based delivery major is waiting to get approval from the Securities and Exchange Board of India (Sebi) to go ahead with the IPO.

Indian food-delivery platform Swiggy Ltd. is considering filing publicly for its domestic initial public offering as soon as this week, people familiar with the matter said, adding to a strong pipeline of share sales in the country.

Swiggy is likely to raise more than $1 Bn from its IPO. This comes after it filed for an IPO  via a confidential pre-filing route in April

Indias food-delivery giant, Swiggy Ltd, is reportedly gearing up to file for its initial public offering (IPO) as early as this week. According to individuals familiar with the matter, Swiggy is aiming to raise over $1 billion from the offering.

Swiggy, the prominent Indian food delivery platform backed by SoftBank, is reportedly gearing up to file for its domestic initial public offering (IPO) as early as this week. This move is part of a broader trend of increasing share sales in India,