Swiggy closes an oversubscribed ~$1.4B IPO, as investors bet on a quick commerce boom; analysts expect the company to make a muted stock market debut next week (Hritam Mukherjee/Reuters)

1 week ago 1

Hritam Mukherjee / Reuters:
Swiggy closes an oversubscribed ~$1.4B IPO, as investors bet on a quick commerce boom; analysts expect the company to make a muted stock market debut next week  —  Food and grocery delivery firm Swiggy's (SWIG.NS) $1.4 billion initial public offering was oversubscribed on Friday …