Swiggy’s new investors in for a long, wild ride
Ahead of its IPO, the startup is at its most vulnerable. With a quick commerce mainstay that trails Zomato’s Blinkit by a distance—and is burning cash to play catch-up—profits will clearly have to wait.
29 September, 2024•12 min
0
29 September, 2024•12 min
0

More in Internet
Internet
OYO gets shareholders’ nod for IPO
At an extraordinary general meeting held last weekend, the budget hotel chain operator received approval to raise Rs 6,650 crore through an IPO.
You may also like
Internet
Pot calling the kettle black: Albinder’s quick-commerce paradox
The Blinkit CEO calling out irrationality while fuelling it is yet another example of a quick-commerce player hoping to outlast rivals in a classic game of one-upmanship.
Business
The pressures on Tadawul index and Saudi’s attempt to fix them
Saudi Arabia’s primary market has been facing challenges despite a rather busy IPO pipeline.
Business
How India’s retail shareholders are being left holding the can
Swiggy and Ola Electric’s plans to return to the public markets soon after big-bang IPOs leave investors with dilution, little prospect of returns and plenty of questions.








