{"id":870613,"date":"2024-10-26T09:28:41","date_gmt":"2024-10-26T03:58:41","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=870613"},"modified":"2024-10-26T09:29:46","modified_gmt":"2024-10-26T03:59:46","slug":"swiggy-cuts-valuation-by-10-16-per-cent-prior-to-upcoming-ipo-due-to-market-volatility","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/26\/swiggy-cuts-valuation-by-10-16-per-cent-prior-to-upcoming-ipo-due-to-market-volatility\/","title":{"rendered":"Swiggy cuts valuation by 10-16 per cent prior to upcoming IPO, due to market volatility"},"content":{"rendered":"<p>Indian food delivery giant Swiggy is internally aiming for a company valuation of $12.5 billion-13.5 billion for its upcoming IPO, cutting its target by 10-16 per cent due to market volatility, two people with direct knowledge said on Thursday. <\/p>\n<p>Swiggy was earlier targeting a $15 billion valuation for its $1.4 billion November IPO which will be the country\u2019s second biggest stock offering this year, behind Hyundai India\u2019s debut this week.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian food delivery giant Swiggy is internally aiming for a company valuation of $12.5 billion-13.5 billion for its upcoming IPO, cutting its target by 10-16 per cent due to market volatility, two people with direct knowledge said on Thursday. Swiggy was earlier targeting a $15 billion valuation for its $1.4 billion November IPO which will be the country\u2019s second biggest stock offering this year, behind Hyundai India\u2019s debut this week.<\/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":[83,4,22],"tags":[],"class_list":["post-870613","post","type-post","status-publish","format-standard","hentry","category-it-2-the-telegraph","category-newspapers","category-the-telegraph"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/870613","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=870613"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/870613\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=870613"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=870613"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=870613"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}