Is Swiggy IPO coming?
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Is Swiggy IPO coming?
Swiggy has not formally announced any IPO plans yet. In his presentation on Tuesday, Son said Swiggy was clocking 1.5 million orders a day, and that the platform has about 20 million monthly active users. It has 1.2 lakh restaurant partners and 2 lakh delivery partners.
What is IPO GMP?
RateGain IPO: What GMP (grey market premium) signals after share allotment. RateGain Travel Technologies IPO GMP today is ₹35 that means grey market is expecting that shares of RateGain Travel Technologies will list around ₹460 ( ₹425 + ₹35), believe market observers.
Who invented zomato?
Deepinder Goyal
Zomato, which started as Foodiebay, was established in July 2008 by two IIT Delhi alumnus, Deepinder Goyal, and Pankaj Chaddah. The idea struck Deepinder when his colleagues consistently had a demand for paper menu leaflets of different restaurants, to order food.
Is Swiggy planning an IPO?
Swiggy has not formally announced any IPO plans yet. In his presentation on Tuesday, Son said Swiggy was clocking 1.5 million orders a day, and that the platform has about 20 million monthly active users. It has 1.2 lakh restaurant partners and 2 lakh delivery partners.
Will Swiggy go public in 2021?
SoftBank founder Masayoshi Son highlighted in a post-earnings presentation that the revenue of food delivery company Swiggy has grown 2.8 times in the last year, between June 2020 and June 2021. He also said that Swiggy will give a “good return” if the company were to go public.
Is Swiggy worth $3 billion?
Swiggy closed its previous funding round at a valuation of around $3.7 billion, when it raised $158 million led by its largest backer, South Africa’s Prosus Ventures, in February 2020. The company did not respond to ET’s email seeking comment.
Who is the co-founder of Swiggy?
Zomato IPO is making news, and saw love from peers and friends online. Last year, Swiggy’s cofounder and chief technology officer Rahul Jaimini exited to join Pesto Tech, a career accelerator startup. Swiggy currently has two cofounder’s — Sriharsha Majety and Nandan Reddy.