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HomeIndiaIndia's Swiggy files for IPO as quick commerce booms

India’s Swiggy files for IPO as quick commerce booms

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BENGALURU (Reuters) – Bengaluru-based food delivery firm Swiggy said on Thursday that it aims to raise 37.5 billion rupees ($448.56 million) in its initial public offering, which looks set to be among India’s biggest listings this year. As of mid-September, 235 companies have gone public in India’s booming IPO market, raising more than $8.6 billion, LSEG data showed.

($1 = 83.6010 Indian rupees)

(This story has been corrected to remove the reference to the IPO figure in the headline)

(Reporting by Ashna Teresa Britto and Kanjyik Ghosh; Editing by Janane Venkatraman)

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

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