Sunday, October 27, 2024

Swiggy IPO valuation at $11.2 billion; BlackRock, CPPIB, SBI MF, others subscribe to anchor book

Swiggy is gearing up for a significant IPO valued at $11.2 billion. The IPO will include a substantial secondary share sale by existing investors like Accel, Elevation Capital, and Norwest Venture Partners, alongside a primary capital raise.

from Tech-Economic Times https://ift.tt/4q2N3dm

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MDR on UPI will hit businesses, not users: FM Nirmala Sitharaman hits back at Congress' Jairam Ramesh

Sitharaman accused the opposition leader of "spreading a canard" and clarified that MDR "applies only on the merchants and no...