Swiggy IPO gets $15 billion bids from Norway’s wealth fund, fidelity – Times of India
NEW DELHI: Big investors including Norway‘s sovereign wealth fund Norges and Fidelity have placed bids worth more than $15 billion in Swiggy’s India IPO, 25 times the $605-million portion reserved for such investors, four sources told Reuters on Thursday.Swiggy, a SoftBank-backed food and grocery delivery giant, will next week launch its $1.4-billion IPO that will…