Swiggy seeking to sell shares for up to Rs 390 each in IPO

Swiggy Ltd., an Indian food-delivery platform, plans to raise $1.35 billion through an IPO at 390 rupees per share. Opening on November 6, this move follows a surge in India’s IPO market, highlighted by Hyundai Motor India’s recent $3.3 billion IPO. Swiggy partners with over 200,000 restaurants across India.