Swiggy investor 360 One pins $11.5 billion value on IPO-bound company

Swiggy, valued at $11.5 billion by 360 One WAM, is set for a $1.25 billion IPO. The company's revenue for the first half of fiscal 2024 is estimated at Rs 7,474 crore. Both Swiggy and Zomato are focusing on rapid growth in quick commerce, an area showing significant promise and revenue increase.
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