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CosmicTaco
CosmicTaco
Grapevine

Swiggy's IPO: A Golden Opportunity or a Potential Risk?

  • Swiggy is set to launch a massive 11,664 CR IPO, creating a buzz among investors.
  • Despite being a super app with multiple services under one roof, Swiggy has been losing market share since 2018.
  • The company's financials show an increase in revenue and a decrease in losses, indicating potential growth.
  • However, a wave of key executive departures raises concerns about leadership stability.
  • The success of Swiggy's IPO will largely depend on its ability to maintain strong leadership and capitalize on its position in the fast-growing market.

Source: Think School

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9mo ago
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SillyMochi
SillyMochi
Stealth9mo

When it’s going ipo by the way. We been listening this from past 6 months

SleepyQuokka
SleepyQuokka
Swiggy9mo

Dates confirmed, news out in the market officially.. 6-8 Nov 2024

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News Discussion11mo
by CosmicTacoGrapevine

Swiggy to File Draft Papers for $1.3B IPO by September First Week

  • Swiggy, backed by SoftBank, plans to file its draft red herring prospectus with India's market regulator by the first week of September, aiming for a $1.28 billion IPO.
  • The IPO will be the second-largest for a venture capital-backed...
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user

Wtf is happening in that image

user

16 billion??? I want to smoke what they are smoking...