India’s Swiggy excels in the largest global tech IPO of 2024

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Shares of Swiggy surged 10.67% on its debut day to ₹455.95 ($5.4), marking India’s second-largest IPO this year. It’s a milestone for India’s startup ecosystem, with a market cap of $12.3 billion. Swiggy’s entry into the public market comes amidst intense competition and high growth potential in India’s e-commerce landscape.

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