Swiggy targets $11.3 billion valuation with upcoming IPO launch on November 6; know all about it

Swiggy, the food delivery and quick-commerce company, is gearing up for its IPO, aiming for a valuation of $11.3 billion. The IPO will open for subscription from November 6 to 8, with a price band of Rs 371-390 per share. The company plans to utilize the proceeds for debt repayment, expansion of its quick commerce network, and technology enhancement.

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