Swiggy’s anticipated IPO next week has generated significant interest among celebrity investors and institutional firms. With the online food delivery market projected to grow at 20% during CY23-28, Swiggy targets a valuation of $11.3 billion and plans to use the proceeds for investments in technology, cloud infrastructure, and brand marketing.
Nilesh Shah on India’s next big growth plays and why market corrections are just short-lived blips
Nilesh Shah of Envision Capital explains that despite individual stocks experiencing significant declines, the overall stock market remains resilient with periodic corrections. He highlights strong