{"id":860542,"date":"2024-09-27T08:49:34","date_gmt":"2024-09-27T03:19:34","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=860542"},"modified":"2024-09-27T08:53:01","modified_gmt":"2024-09-27T03:23:01","slug":"swiggy-ipo-plans-unveiled-will-it-take-a-bigger-bite-of-zomatos-pie-a-closer-look-at-food-techs-financials","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/09\/27\/swiggy-ipo-plans-unveiled-will-it-take-a-bigger-bite-of-zomatos-pie-a-closer-look-at-food-techs-financials\/","title":{"rendered":"Swiggy IPO plans unveiled: Will it take a bigger bite of Zomato\u2019s pie? A closer look at food-tech\u2019s financials"},"content":{"rendered":"<p>Swiggy IPO: Swiggy, one of India&#8217;s largest food delivery platforms, filed its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on September 26 as it gears up for a major initial public offering (IPO). The Bengaluru-based company plans to raise \u20b93,750 crore ($448.56 million) through the IPO. The move sets the stage for an exciting public showdown with its arch-rival, Zomato, as both companies battle for dominance in India\u2019s fast-growing food and quick-commerce markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Swiggy IPO: Swiggy, one of India&#8217;s largest food delivery platforms, filed its updated Draft Red Herring Prospectus (DRHP) with the Securities and Exchange Board of India (SEBI) on September 26 as it gears up for a major initial public offering (IPO). The Bengaluru-based company plans to raise \u20b93,750 crore ($448.56 million) through the IPO. The move sets the stage for an exciting public showdown with its arch-rival, Zomato, as both companies battle for dominance in India\u2019s fast-growing food and quick-commerce markets.<\/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":[55,13,4],"tags":[],"class_list":["post-860542","post","type-post","status-publish","format-standard","hentry","category-it-2-live-mint","category-live-mint","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/860542","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=860542"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/860542\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=860542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=860542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=860542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}