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Invesco raises its valuation of Swiggy
Invesco raises its valuation of Swiggy to $13.3B
U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food-delivery and quick-commerce startup that is on track to go public in about a month.
Swiggy's valuation raised to $13.3 billion ahead of mega IPO
Swiggy has seen its valuation increase to $13.3 billion by Invesco, a US-based asset management firm, ahead of its initial public offering (IPO). This marks the fourth time in the past year that Invesco has adjusted Swiggy's valuation upward.
Invesco Marks Up Swiggy’s Valuation To $13.3 Bn Ahead Of IPO
Invesco has raised the valuation of Swiggy to $13.3 Bn, a jump of 25% from the last fair value recorded by the investor.
Invesco raises Swiggy's valuation to $13.3 billion
BENGALURU: US asset manager Invesco has raised food delivery and quick commerce platform Swiggy's valuation to about $13.3 billion. In its disclosure with the U
US investor Invesco raises fair value of Swiggy, reduces valuation of Pine Labs
This comes days after Swiggy filed an updated red herring prospectus for its upcoming public issue of Rs 10,000 crore. The food delivery company is looking to raise Rs 3,750 crore in fresh capital and OFS of up to 185.
Invesco marks up Swiggy’s valuation to $13.3Bn, right ahead of IPO
The original investment was made two years ago when Invesco took part in a funding round that elevated Swiggy’s valuation to $10.7 billion. Since then, Invesco has been party to several valuation adjustments of Swiggy,
Invesco raises valuation of its stake in IPO-bound Swiggy to $13.3B
The US-based investor had paid about $190.5 million for the stake when it invested in a $700 million funding round in Swiggy in January 2022, valuing the company at $10.7 billion.
thetechportal.com
1d
invesco raises swiggy valuation
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Swiggy IPO: Food delivery startup likely to command lower valuation than Zomato shares, say analysts
Swiggy will likely command a lower valuation compared to Zomato, as the Deepinder Goyal-led firm has consistently outpaced in ...
inc42
1y
Invesco Slashes Swiggy’s Valuation By 25% To $8 Bn
Invesco
pegged
Swiggy
at $8 Bn in the quarter that ended September 2022, down from $10.7 Bn in the previous quarter The markdown came months after
Invesco
led a $700 Mn round in the foodtech ...
1d
Swiggy’s valuation markup; Ola Electric loses market share
At the same time, it reduced the valuation of fintech firm Pine Labs to $3.3 billion. Valuation: The valuation ascribed to ...
1d
Invesco marks up Swiggy’s valuation to $13.3 billion ahead of IPO
Swiggy's valuation upgraded to $13.3 billion by Invesco ahead of IPO, with revenue growth and planned fundraising.
India Today on MSN
4h
Bollywood to cricket: Which celebs have lined up for Swiggy's blockbuster IPO
The final size of the IPO could increase by Rs 1,250 crore, bringing the total to Rs 11,664 crore or $1.4 billion, depending ...
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