The owners of Swiggy have not indicated any desire to file an IPO and take the company public. The funding that it currently receives from its venture capital investors is more than enough to fully fund all of Swiggy’s expansion efforts. Swiggy may remain one of India’s largest privately-owned companies as there is no need for it to offer shares on the public stock exchange markets. We fully expect to see Swiggy continue to grow and expand throughout India, and perhaps other parts of the world in the years to come.
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