Swiggy gets shareholder nod for $1.2 billion-IPO
Fri, Apr 26, 2024 9:38 AM

Swiggy gets shareholder nod for $1.2 billion-IPO

A Flip by Shubhangi Gupta
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Food-tech unicorn Swiggy said on Thursday it has received approval from its shareholders at an extraordinary general meeting (EGM) held on Tuesday for an initial public offering of $1.2 billion (Rs 10,414 crore), consisting of Rs 3,750 crore ($450 milion) of fresh issue and up to Rs 6,664 crore ($800 million) as an offer-for-sale component, according to its RoC filings.

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