Indian food delivery giant Zomato's stock price has surged by 200% in the past year, credited to strategic advertising and the acquisition of Blinkit. In contrast, Swiggy's valuation has been increased by 25% to $15.1 billion by Baron Capital, marking a significant rise from the previous valuation of $12.1 billion in December 2023. Swiggy, which has filed for an IPO, has seen continuous valuation increases, with the latest being as of March 31.
Baron Capital marks up Swiggy’s valuation again, pegs value at $15.1 billion https://t.co/wvU67UXGbX
At the same time, Swiggy's valuation has been upgraded by 42% by Barons vs investment cost Would peg IPO-bound Swiggy's valuation at $15 billion https://t.co/oNM7J7aVN8 https://t.co/5WHaZyW0bb
Baron Funds has marked down Byju’s valuation to $24 million as of March 31 Investment cost - $3,246 per share Current value - $4.92 per share @thearc_hq
🚨 Baron Capital has once again marked up the #Swiggy's valuation to $15.1 billion, a jump of 25% from the last fair value of $12.1 billion in December 2023, as per filings with SEC. https://t.co/bmZArEuSxP
🚨🔼 Baron Capital marks up Swiggy valuation by 25% to $15.1 billion The latest valuation ascribed to the Bengaluru-based company, which has filed draft papers for an initial public offering (IPO), is as of March 31. https://t.co/gGFkcmaL7b
🚨🚨Baron Capital has increased the valuation of IPO-bound Swiggy by 25% to $15.1 bn ▶️4th straight valuation mark up for Swiggy by Baron ▶️Last ascribed fair value at $12.1 bn (Dec 2023) ▶️Last fundraise valuation was $10.7 bn (Jan 2022) @ETtech https://t.co/rNVO2fjAG9
🚀 Indian food delivery giant Zomato's stock price has skyrocketed 200% over the past year. It's not just luck - their strategic advertising and acquisition of Blinkit have played a key role in their success. Will Swiggy follow suit? https://t.co/8gwsBGkiQF