Swiggy IPO gets bids worth $15 billion from big investors like Norges, Fidelity: Report

Big investors such as Norges and Fidelity have placed over $15 billion in bids for Swiggy’s upcoming India IPO valued at $1.35 billion. This IPO is set to be one of the country’s biggest stock offerings this year. The company has adjusted its estimated valuation to $11.3 billion after a recent market correction.