The SEC filings made by Invesco shows Bundl Technologies, the parent company of Swiggy being revalued upwards to $8.5 billion, ahead of the company's plans to list on Indian bourses. The filings show that Invesco values its 28,844 shares in the foodtech company at $147.63 million at the end of October 2023, essentially valuing it at more than $8.5 billion. News website Entrackr first broke the story on Thursday.
It was last valued at $10.7 billion when it raised $700 million in a funding round in 2022. The company is looking at a valuation of over $10 billion for its listing where it plans to raise more than a billion dollars via offer for sale and fresh issuance, as per people with knowledge of the development.
هذه القصة مأخوذة من طبعة January 05, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك ? تسجيل الدخول
هذه القصة مأخوذة من طبعة January 05, 2024 من Mint Mumbai.
ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.
بالفعل مشترك? تسجيل الدخول
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