{
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Zomato congratulates Swiggy on successful stock market debut amid rivalry

Zomato congratulated rival Swiggy on its stock market debut, where shares opened at Rs 420, a 7.69% premium over the IPO price. The event saw Swiggy's IPO oversubscribed 3.59 times, raising Rs 11,327 crore, despite mixed investor sentiment. Notably, Zomato's CEO was excluded from "Shark Tank India" due to Swiggy's sponsorship.
Moneycontrol
Indian Rupee Prosus N.V. Tencent Holdings Limited Zomato Limited Swiggy Ltd. IND Deepinder Goyal Jai and Veeru Show more
Finance & Economy, News Article
07:23 13.11.2024
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