Swiggy soars with Initial Public Offering at $1.3 billion, JM Financial gives a buy call
Already one of the big bets in the online food delivery service area, Swiggy has picked up critical fanfare with its initial public offering listing at a valuation of $1.3 billion. Now, after this, JM Financial has begun covering Swiggy with a “buy” call that calls it as one of the quickest-growing consumer plays from