Swiggy Sets $11.3 Billion Valuation For Tomorrow IPO Launch

Swiggy is set to open its IPO on November 6, seeking a valuation of $11.3 billion (₹95,000 crore). The Bengaluru-based food delivery giant aims to raise ₹11,327 crore, with a price band of ₹371-390 per share. CEO Rohit Kapoor confirmed there has been no change in valuation despite media speculation. The IPO will close on November 8, following a series of recent high-profile offerings.