Invesco cuts Swiggy valuation by half to $5.5 billion
Invesco, which led Swiggy’s earlier round, has marked down the Indian food stuff shipping giant’s valuation in its holding to about $5.5 billion, in accordance to a filing. This revised valuation, as of January 31, 2023, signifies a placing 48.6% lessen from the $10.7 billion valuation Invesco had previously attributed to the startup in the…
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