Can Swiggy Outperform Zomato in the Race for IPO Success?
Swiggy's upcoming IPO is valued at ₹11,327 crore and will open on November 6, 2024. The company wants to take advantage of India's growing digital economy, even though it's currently operating at a loss. Investors are curious if Swiggy can beat its rival Zomato, which has recently gained ground in quick commerce.
By Vishal Kumar
November 2, 2024