{"id":872200,"date":"2024-11-01T08:40:12","date_gmt":"2024-11-01T03:10:12","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=872200"},"modified":"2024-11-01T08:55:53","modified_gmt":"2024-11-01T03:25:53","slug":"swiggy-ipo-gets-bids-of-15-bn-from-big-investors-like-norges-fidelity","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2024\/11\/01\/swiggy-ipo-gets-bids-of-15-bn-from-big-investors-like-norges-fidelity\/","title":{"rendered":"Swiggy IPO gets bids of $15 bn from big investors like Norges, Fidelity"},"content":{"rendered":"<p>Big investors including Norway&#8217;s sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy&#8217;s India IPO, 25 times the $605 million portion reserved for such investors, four sources told Reuters on Thursday. <\/p>\n<p>Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its $1.35 billion IPO that will be country&#8217;s second-biggest stock offering this year. The bidding process is ongoing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Big investors including Norway&#8217;s sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy&#8217;s India IPO, 25 times the $605 million portion reserved for such investors, four sources told Reuters on Thursday. Swiggy, a SoftBank-backed Indian food and grocery delivery giant, will next week launch its $1.35 billion IPO that will be country&#8217;s second-biggest stock offering this year. The bidding process is ongoing.<\/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":[9,34,4],"tags":[],"class_list":["post-872200","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-it-2-business-standard-newspapers","category-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872200","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=872200"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/872200\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=872200"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=872200"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=872200"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}