Informative

Swiggy Cuts IPO Valuation Target To $13.5 Bn

Update / Judgement Date

24 Oct 2024

Source

Inc42

Author

Team — WCP Legal Desk

Reading Time

1 min read

Start-Up & DPIITValuation

Swiggy reduced its IPO valuation target to $13.5 billion, down from its previous target. This move reflects the company's adjustment to changing market conditions, impacting investor expectations and the broader startup ecosystem.

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Swiggy Cuts IPO Valuation Target To $13.5 Bn

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