Ashutosh Joshi

Indian food-delivery platform Swiggy Ltd.'s $1.3 billion initial public offering was fully sold on the final day of bidding, though at a slower pace due to weak early demand from large investors.

(Bloomberg) -- Swiggy Ltd.'s $1.3 billion initial public offering was oversubscribed more than three times on Friday, driven by a late surge in demand from large investors for the Indian food-delivery platform.

(Bloomberg) -- Swiggy Ltd.'s $1.3 billion initial public offering was subscribed more than three times on Friday, driven by a late surge in demand from large investors for the Indian food-delivery platform.

Swiggy Ltd.’s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India’s burgeoning quick-commerce sector.

Swiggy Ltd.'s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India's burgeoning quick-commerce sector.

Most Read from Bloomberg The food-delivery firm's $1.3 billion share sale, which was subscribed more than three times last week, is the

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at:

(Bloomberg) -- Swiggy Ltd.’s shares are set to start trading in Mumbai on Wednesday, marking a test for investor interest in India’s burgeoning quick-commerce sector.Most Read from BloombergUnder Trump, Prepare for New US Transportation PrioritiesThe Leaf Blowers Will Not Go QuietlyArizona Elections Signal Robust Immigration Enforcement Under TrumpScoring an Architectural Breakthrough in Denver’s RiNo DistrictThe food-delivery firm’s $1.3 billion share sale, which was subscribed more than three

Before the trading day starts we bring you a digest of the key news and events that are likely to move markets. Today we look at: