{"id":847695,"date":"2024-08-24T10:05:44","date_gmt":"2024-08-24T04:35:44","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=847695"},"modified":"2024-08-24T10:08:09","modified_gmt":"2024-08-24T04:38:09","slug":"swiggy-eyeing-to-launch-ipo-at-usd-15-bn-valuation","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/08\/24\/swiggy-eyeing-to-launch-ipo-at-usd-15-bn-valuation\/","title":{"rendered":"Swiggy eyeing to launch IPO at USD 15 bn valuation"},"content":{"rendered":"<p>NEW DELHI: Foodtech firm Swiggy, which was last valued at $10.7 billion, is reportedly targeting a valuation of $15 billion valuation for its initial public offering (IPO). The company, which competes with Zomato, is working to launch a mega IPO of $1 &#8211; $1.2 billion.<\/p>\n<p>On Friday, one of Swiggy\u2019s investor 360 One valued Swiggy at $ 11.5 billion. Other investors, however, sees the Bengaluru-based company at much higher valuation. Invesco had last valued Swiggy at $12.3 billion while Baron Capital valued the firm at $15.1 billion. Swiggy was valued at $10.7 billion after its last funding round in 2022.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>NEW DELHI: Foodtech firm Swiggy, which was last valued at $10.7 billion, is reportedly targeting a valuation of $15 billion valuation for its initial public offering (IPO). The company, which competes with Zomato, is working to launch a mega IPO of $1 &#8211; $1.2 billion. On Friday, one of Swiggy\u2019s investor 360 One valued Swiggy at $ 11.5 billion. Other investors, however, sees the Bengaluru-based company at much higher valuation. Invesco had last valued Swiggy at $12.3 billion while Baron Capital valued the firm at $15.1 billion. Swiggy was valued at $10.7 billion after its last funding round in 2022.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[75,4,17],"tags":[],"class_list":["post-847695","post","type-post","status-publish","format-standard","hentry","category-it-2-the-new-indian-express","category-newspapers","category-the-new-indian-express"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/847695","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=847695"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/847695\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=847695"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=847695"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=847695"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}