Swiggy Board Clears Rs 10,000 Cr Fundraising Plan
Swiggy to raise up to ₹10,000 crore through public or private offerings as competition intensifies in food delivery and q-commerce.
E-commerce & Marketplaces
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Swiggy Valuation Takes Flight Ahead Of IPO
- by BW Retail World Bureau
- April 13, 2024
In a significant development ahead of its anticipated Initial Public Offering (IPO), Swiggy has seen a notable increase in its valuation, with Invesco revising its value to USD 12.7 billion, up from USD 8.5 billion in October 2023, marking a surge of over 49 per cent in just six months. This marks the third consecutive […]
Consumer
National
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Ramzan Online Shopping Booms, Spends Up 50% On Food, Travel, Fashion
- by BW Retail World Bureau
- April 12, 2024
An increasing number of customers today are going online to meet their festive requirements with spending during Ramzan 2024 growing by 50 per cent as compared to last year’s Ramzan, according to Simpl Checkout Scan. These spends were almost 30 per cent higher than normal for a business month with categories such as food and beverages […]