Swiggy raises Rs 5,085 crore from anchor investors ahead of IPO opening

November 5, 2024

Swiggy IPO: Food delivery giant Swiggy has raised ₹5,085 crore from anchor investors ahead of its IPO, which opens tomorrow. The company has fixed the price band at ₹371-390 per share. Swiggy plans to use the IPO proceeds for investment in its subsidiary Scootsy, technology, and brand marketing.

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