Invesco raises its valuation of Swiggy
Invesco raises its valuation of Swiggy to $13.3B
Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the Indian food delivery startup.
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.
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invesco raises swiggy valuation
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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.
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