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Updated Sep 28, 2021 | 09:55 IST
Swiggy, Invesco, swiggy valuation, swiggy funding, Swiggy IPO, invest, swiggy findraising, Zomato, Zomato IPO
US-based Invesco in talks to lead fresh funding round at Swiggy at billion valuation 
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federer vs nishikori live stream,After the proposed funding, Swiggy will be valued at around billion (approximately Rs 74,000 crore), which is double the valuation attributed to the seven-year-old company a few months ago. The development comes at a time Zomato’s Rs 9,375-crore initial public offer (IPO) had received a huge response from the investing community in July this year, and the startup is currently valued at .5 billion.

If the deal materialises, the Bengaluru-based online food delivery unicorn will rank among India’s most valued privately owned startups after edtech major Byju’s and fintech giant Paytm, whose IPO is expected later this year.,jeju united

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Earlier this month, Invesco in a new investment round pumped in 0 million in Pine Labs, one of Asia’s leading merchant commerce platforms, which took its valuation to billion.,epl standings

football today goal,Invesco proposed investment indicates that Swiggy could be weighing the option to hit the market in the next few years, the financial daily mentioned citing sources. The American asset manager is focussing on the fast-growing technology sector in India.

bet on roulette online,Other international fund management companies such as Fidelity, T Rowe Price, Ballie Gifford, among others, are increasingly willing to go after large Indian internet startups, as a series of local firms are ready to tap the capital markets.“

"As a direct competitor to Zomato and being neck-and-neck in terms of market share, Swiggy is looking undervalued,” another source told the publication on the condition of anonymity.,free credit casino no deposit malaysia 2019

Recently, Invesco, which is a major shareholder in Zee Entertainment Enterprises Ltd, has asked for an extraordinary general meeting (EGM) seeking the removal of Zee’s managing director and chief executive Punit Goenka and the induction of its six nominees on the board of the company.,live futbol

Last week, Zee and Sony had agreed to merge their businesses to create a billion media powerhouse.,betexch uk

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