December 05, 2022

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Pre IPO

Food-delivery_2-e1585664727623-300x169

By Sophia Kunthara,

India-based food-delivery company Swiggy is preparing for an IPO, TechCrunch reported Wednesday.

The company, which was most recently valued at $10.7 billion, has hired bankers for the deal, including JP Morgan and ICICI Securities, per the report.

Swiggy aims to compete with India-based Zomato, which went public in the summer of 2021 after raising more than $2.1 billion in funding. It’s unclear whether Swiggy is exploring an IPO based in India or on an international exchange like the New York Stock Exchange or Nasdaq.

Venture-backed companies in the food-delivery space raised more than $11 billion last year globally, up from around $8.5 billion in 2020...

Initial public offering hologram, night panoramic city view of Bangkok. The financial center for multinational corporations in Asia. The concept of boosting the growth by IPO process. Double exposure.

By Val Kennedy,

 

 

Social media platform Discord is reportedly exploring going public through a direct listing as early as this year.

While the company...

Purple smoothie with blueberries, mint, avocado and grapefruit in wooden tray. Healthy food. Summer breakfast or lunch.

By Val Kennedy,

 

 

 

Camposol Holding (CMSL), a Latin American supplier of fresh produce, has withdrawn its plans for a $450M initial public...

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