The Bengaluru-based company has been one of the biggest bets for investors including Prosus, Accel, Elevation Capital and SoftBank. Following the listing, the stock reached an intra-day high of Rs 465.3 before closing at Rs 455.95, marking an almost 17% premium, and nearly hitting the upper circuit. At the end of the day, Swiggy’s market capitalisation stood at Rs 1,02,062 crore (about $12.3 billion). Read The Rest at :
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