Tag: Swiggy

Swiggy Partners with Delhi Traffic Police for Road Safety Awareness Session and Rally for delivery executives

Manish Kumar

Delhi, February 17, 2025 – Swiggy (Swiggy Ltd, NSE: SWIGGY / BSE: 544285), India’s pioneering on-demand convenience platform, partnered with the Delhi Traffic Police to conduct a Road Safety Awareness Session and Bike Rally for delivery partners at Chilla Border, Noida Link Road. The session and rally were organized under the ambit of Delivering Safely, its road safety charter. The session and rally were organized as a part of the Delhi Police Week being organized from February 16-22, 2025.   At Chilla Border, under Mayur Vihar Traffic circle, delivery partners participated in an interactive session  which was designed…

Swiggy’s $1.4 Billion IPO Achieves Full Subscription as Institutional Investors Drive Demand, But Analysts Caution on Listing Gains

Manish Kumar

India’s food and grocery delivery giant Swiggy concluded its initial public offering (IPO) on a high note, achieving full subscription for its $1.4 billion share sale. This marks one of the country’s largest IPOs of the year, second only to Hyundai Motor India’s recent listing. While retail investor interest was somewhat modest, institutional demand propelled Swiggy’s IPO to success, with the institutional investor segment oversubscribed by 131%. Despite this strong showing, market analysts anticipate a subdued debut for Swiggy on the stock exchange, reflecting ongoing market challenges and Swiggy’s own…