Swiggy has transitioned to a public limited company, Swiggy Limited, from its previous status as Swiggy Private Limited, in preparation for its public-market listing later this year. This move positions Swiggy alongside other new-age internet companies aiming for public listings. Invesco has recently marked up Swiggy's valuation to $12.7 billion, a 19% increase from its last fundraising, as the food and grocery delivery company advances with its planned $1 billion IPO. This latest valuation adjustment follows rival Zomato's performance surge in the Indian stock markets and represents the third consecutive markup by the U.S.-based investor for Swiggy, following a name revision.
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With #Swiggy IPO likely looming, Invesco boosts valuation by 19% to $12.7 billion https://t.co/GWn7hzI6uo https://t.co/YM97bWxldn
Swiggy Valuation: Highest to date? Good news for IPO-bound food delivery firm! See how it compares with Zomato https://t.co/OYK2O1ZMzh
Invesco marks up valuation of Swiggy as delivery charge hike seen @Swiggy https://t.co/H5TKNrK4ao
Swiggy to 'deliver' IPO soon? What's brewing? After name revision, firm undergoes another change https://t.co/2KuFbHNJmK
📢Invesco marks up #IPO-bound @Swiggy’s valuation to $12.7 billion following rival #Zomato's surge in the Indian #stockmarkets—This is the 3rd consecutive mark up for #Swiggy at the hands of the U.S.-based investor @CNBCTV18News @CNBCTV18Live #Swiggy https://t.co/XGlIe1JSir
Invesco marks up Swiggy's valuation to $12.7 billion ahead of IPO https://t.co/6k4PNY1Q0v via @moneycontrolcom
🚨🔼 Invesco marks #Swiggy valuation at $12.7 billion, up 18% from last fundraise The latest mark up in Swiggy's #valuation comes as the food and grocery delivery company presses ahead with its planned $1 billion #IPO. Read more 👇 https://t.co/Dc91SzfarY By @pranavmukul
.@Swiggy has converted to a public company named Swiggy Limited from Swiggy Private Limited as it prepares for a public-market listing later this year, according to filings with the Ministry of Corporate Affairs. by @sowmyaram_ Read More 👇 https://t.co/wg3auxERMX.
#Swiggy converts to public limited company ahead of IPO: What we know https://t.co/gzvsxTIgIB https://t.co/vkpthrr0TT
Swiggy converts to public limited company ahead of #IPO With this, @Swiggy is closer to joining a string of new-age internet companies looking to list on the public bourses. https://t.co/cxDgCgo7Tr