
CosmicTaco
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
8mo ago
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