Invesco
US-based asset manager Invesco has raised the valuation of foodtech giant Swiggy to $13.3 billion,,͏͏ reflecting͏͏ a͏͏ nearly͏͏ 25%͏͏ jump͏͏ from͏͏ the͏͏ investor's͏͏ last͏͏ fair͏͏ value͏͏ assessment.Invesco’s͏͏ Previous͏͏ Investment͏͏ in͏͏ Swiggy:Invesco͏͏ had͏͏ invested͏͏ in͏͏ Swiggy’s͏͏ $700͏͏...
Invesco,͏ a US-͏based investment manag͏ement firm, ha͏s reduced t͏he fai͏r ͏value o͏f͏ its stake͏ in͏ finte͏ch c͏ompany͏͏͏͏͏ Pine Labs ͏and food tech giant Swiggy, a͏͏s reve͏al͏͏͏ed͏ i͏͏n͏ its half-yearly report͏ r͏ele͏a͏sed on͏ T͏hursday.͏I͏n Jan͏u͏ar͏y, Invesco͏ valued...
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Invesco marks IPO-bound Swiggy’s valuation at $12.7 Billion, up 18% from last fundraise
Invesco, a US-based investor, has raised the valuation of Swiggy, a food and grocery delivery company, to $12.7 billion, according to filings submitted to...
Invesco raises Swiggy’s valuation by 9% to $8.5 Billion, marks second consecutive increase
Invesco has increased the valuation of the food and grocery delivery platform Swiggy by approximately 9% to $8.5 billion in its records as of...
SoftBank sells off 9.35 Crore shares of Zomato in block deal worth INR 1,127 Crore
On Friday, the Japanese technology investor SoftBank executed a block deal, selling 9.35 crore shares of the foodtech giant Zomato for INR 1,127 crore.According...
Swiggy’s food delivery sales soar 17%, hits $1.43 Billion GMV in first half of FY24: Prosus
Swiggy's investor Prosus, in its financial filing, highlighted a significant milestone for Swiggy's core food-delivery business. The platform experienced a robust 17% growth, delivering...
Swiggy’s valuation skyrockets 42% to $7.85B following Invesco’s review
After two rounds of evaluation, Invesco, an investment firm headquartered in Atlanta, significantly increased the valuation of the Indian foodtech startup Swiggy by over...
Swiggy resumes IPO plans, aims for stock exchange presence by 2024
Food and grocery delivery firm Swiggy is reportedly back on track with its initial public offering (IPO) plans, as stated by a recent Reuters...
Invesco maintains confidence in Swiggy, holds valuation steady at $5.5 Billion
Invesco, the Atlanta-based investment firm, has maintained the valuation of the Indian foodtech giant Swiggy at $5.5 billion as of April 30, 2023, as...
Investment firm Invesco lowers Swiggy’s valuation again, marking it down to $5.5 Billion
According to regulatory filings, Invesco, an investment firm based in Atlanta, has once again lowered the valuation of Swiggy, a foodtech startup, and now...
Swiggy ventures into one-hour ecommerce delivery with Maxx, rivals Flipkart and Amazon in India
Swiggy, the major player in the food delivery industry, is currently exploring the ecommerce sector in India, which is largely dominated by established names...