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HomeIndiaFidelity, Norges among buyers of Swiggy shares in India IPO

Fidelity, Norges among buyers of Swiggy shares in India IPO

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(Reuters) – Swiggy sold shares worth $605 million to institutional investors including Fidelity and Norges on Tuesday as the food delivery firm launches a $1.35 billion IPO that will be India’s second-largest stock offering this year.

Domestic mutual funds purchased shares worth a total $246 million, Swiggy said in a stock exchange filing.

(Reporting by Hritam Mukherjee in Bengaluru; Editing by Angus MacSwan)

Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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