Muted response to Swiggy IPO, only ‘high-risk investors’ can subscribe for long term
The IPO received bids for about 1.8 crore shares against around 16 crore shares on offer, according to the NSE data.
The IPO received bids for about 1.8 crore shares against around 16 crore shares on offer, according to the NSE data.
Online food delivery platform Swiggy's investor Prosus, in its financial filing, stated that Swiggy’s core food-delivery business grew 17 per cent and delivered gross merchandise value (GMV) of $1.43 billion in the first half of FY24.
According to him, the companies form a company for about every 20 food delivery persons and payments are made to those companies.
The police have recovered three motorcycles and a car (Wagon-R) used by the accused in executing the crime.
The initiative has been launched in line with Swiggy's larger commitment to increase the adoption of EVs in its delivery fleet.
When it comes to food the presentation is as important as the taste, and the hotel has ensured this too is has The Lodhi's signature stamp of elegance and refinement.
Proceeds from the fresh issue would be used towards funding organic and inorganic growth initiatives; and general corporate purposes.
Go ahead and order the food, but before that, here are some tips that you must follow while you go for it.
Netizens welcomed Zomato's response and lauded the food delivery service for 'publicly rejecting the growing hate and bigotry'.
According to a Business Standard news report, restaurants after increasing the rate of food items have also began negotiating commissions with online delivery services.
