In anticipation of Swiggy's upcoming IPO, Baron, a prominent investment firm, has estimated the company's value to be over $12 billion.
This valuation underscores Swiggy's position as one of India's leading startups, particularly in the food delivery sector. As the IPO approaches, market analysts are closely watching Swiggy's performance, expecting it to set new benchmarks in India's burgeoning tech ecosystem.The valuation reflects investor confidence in Swiggy's business model and its potential for growth in the competitive Indian market.