Swiggy Gears Up for IPO as Valuation Soars

  •  Food delivery giant Swiggy's valuation receives a shot in the arm.
  • US investment firm Baron Capital marks Swiggy's worth at $15.1 billion, a 25% increase.
  • Surge reflects optimism about Swiggy's growth potential and India's food delivery market.
  • This valuation surpasses Swiggy's initial target of $11 billion for its upcoming IPO.
  • The company is aiming to raise $1 billion through the IPO to fuel further expansion.

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