Swiggy's IPO created many new millionaires. Zomato's CEO Deepinder Goyal had warned about the challenges of sudden wealth. He said Zomato experienced complacency after its IPO. Some employees lost their drive after becoming wealthy.

The Rs 11,327-crore initial public offer of Swiggy got fully subscribed on the final day of the share sale on Friday, ending with 3.59 times subscription.

Marking its stock market debut, Swiggy rolled out an ad film encapsulating the brand's ethos and the decade-long journey that led to the milestone

Shares of food and grocery delivery player Swiggy made its debut on Dalal Street with a 7.69% premium over its IPO price of Rs 390 on NSE, listing at Rs 420.

Swiggy, the Indian food delivery giant, debuted on the stock market with its shares opening at a premium. CEO of competitor Zomato, Deepinder Goyal, c

"You and I... In this beautiful world," read the post on X, accompanied by a photo of Zomato and Swiggy delivery riders standing in front of the Bombay Stock Exchange (BSE). The image also featured a banner celebrating Swiggy’s listing, symbolising a friendly gesture between the two food delivery rivals.

In a kind gesture, Zomato CEO Deepinder Goyal on Wednesday congratulated rival Swiggy on its stock market debut, whose shares got listed at a premium of nearly 8 per cent on the NSE. Congratulations @swiggy!

Swiggy's successful IPO debut celebrated with Zomato's congratulatory gesture, highlighting the delivery partners' vital role in the company's success.

Zomato congratulated Swiggy on its successful IPO, which saw its shares open at a 7.69% premium. The food delivery giant's warm welcome on social media highlighted the healthy competition and mutual respect between the two companies.

After successfully raising ₹11,300 crore through initial public offering (IPO), foodtech major Swiggy has finally debuted on the domestic stock exchanges on Wednesday. The share price of Zomato's fierce rival in the food delivery space listed at ₹420 on the NSE,