Swiggy market debut fuels India’s food, quick commerce wars

Shares of Swiggy surged 6% to 440 rupees on Wednesday as the food delivery and quick commerce startup concluded India’s second-largest IPO this year, in a closely watched debut that puts it in direct comparison with what analysts have long considered the benchmark Indian internet stock: Zomato. The listing of the 10-year-old Bengaluru-headquartered firm marks […]