Swiggy cuts down its valuation by 25% ahead of IPO; here’s why

Swiggy has recently cut down its valuation by 25% from an initial $15 billion to $11.3 billion as it they are preparing for its initial public offering (IPO). This adjustment might be due to the company’s response to the market conditions and investor sentiment. With the recent Hyundai listing that might have had an effect … Continue reading Swiggy cuts down its valuation by 25% ahead of IPO; here’s why