{"id":871357,"date":"2024-10-29T09:17:38","date_gmt":"2024-10-29T03:47:38","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=871357"},"modified":"2024-10-29T09:26:09","modified_gmt":"2024-10-29T03:56:09","slug":"swiggy-ipo-valuation-slashed-again-to-11-3-billion-as-weak-investor-sentiment-rules-market","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/10\/29\/swiggy-ipo-valuation-slashed-again-to-11-3-billion-as-weak-investor-sentiment-rules-market\/","title":{"rendered":"Swiggy IPO valuation slashed again to $11.3 billion as weak investor sentiment rules market"},"content":{"rendered":"<p>Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25 per cent below the initial goal of $15 billion as market volatility and the lacklustre debut of Hyundai India weigh on sentiment, two sources said on Sunday. <\/p>\n<p>BlackRock and Canada Pension Plan Investment Board will invest in the $1.4 billion IPO, which will be the country\u2019s second-biggest stock offering this year, the sources told Reuters.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25 per cent below the initial goal of $15 billion as market volatility and the lacklustre debut of Hyundai India weigh on sentiment, two sources said on Sunday. BlackRock and Canada Pension Plan Investment Board will invest in the $1.4 billion IPO, which will be the country\u2019s second-biggest stock offering this year, the sources told Reuters.<\/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-871357","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\/871357","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=871357"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/871357\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=871357"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=871357"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=871357"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}