Invesco raises its valuation of Swiggy to $13.3B

TL;DR


Summary:
- Swiggy, a leading food delivery platform in India, is reportedly considering an initial public offering (IPO) as early as 2024.
- The company's valuation is expected to reach $12-15 billion, according to investment firm Invesco's latest estimates.
- Swiggy has seen significant growth in recent years, driven by the surge in food delivery demand during the COVID-19 pandemic, and is now looking to capitalize on this momentum through a potential public listing.

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