Swiggy gets Sebi nod for $1.25-billion IPO

Swiggy gets Sebi nod for .25-billion IPO

Food and grocery delivery platform Swiggy has received approval from the market regulator for its proposed $1.25-billion public issue, investment banking sources told ET, reflecting the growing appetite for new-age investment choices in a country witnessing an unprecedented consumer boom. The Bengaluru-based company had filed draft papers for the IPO with the Securities and Exchange … Read more

Accel and Flipkart-backed Zinka Logistics files DRHP with Sebi for IPO

Accel and Flipkart-backed Zinka Logistics files DRHP with Sebi for IPO

Bengaluru-based Zinka Logistics Solutions, the country’s leading platform for truck operators, has filed its draft red herring prospectus (DRHP) with market regulator Sebi to raise funds through an IPO. The IPO is a mix of fresh issuance of Rs 550 crore and an offer for sale (OFS) of up to 2.16 crore equity shares by … Read more