Swiggy raises over Rs5,000cr from anchor investors

Quick Summary:

Swiggy secured Rs 5,085 crore from anchor investors, including major domestic and international institutions, ahead of its IPO.

The anchor book saw strong participation from leading mutual funds, insurance companies, and global investors, setting the stage for its Rs 11,327 crore public offering opening on November 6th.

Mutual Funds are one of the most incredible investment strategies that offer better returns...

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Article Details

Author / Journalist: TNN

Category: EconomyBusiness

Markets: India

Topics: SBI Mutual Fund Swiggy anchor investors Mutual funds participation Swiggy Swiggy IPO Institutional investors Swiggy HDFC Life Swiggy Swiggy fundraising Business news Swiggy initial public offering 000 crore

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-06 @ 03:38:59 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: timesofindia.indiatimes.com

Language: English

Article Length: 440 words

Reading Time: 3 minutes read

Sentences: 20 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Times of India

News ID: 23438155

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About Times of India

Main Topics: EconomyBusiness

Official Website: timesofindia.indiatimes.com

Update Frequency: 25 posts per day

Year Established: 1838

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

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Publication Timezone: GMT +5:00

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News Language: English

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Publisher ID: #28

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