Avendus Capital acted as a Book Running Lead Manager to Swiggy and its shareholders on its INR 11,327 crores IPO

We are honored to have partnered with Sriharsha, Nandan, Rahul and the entire Swiggy team over the past decade, advising them through multiple marquee private funding rounds and now their most-awaited IPO. Witnessing Swiggy’s remarkable evolution into one of India’s premier tech companies has been truly rewarding. Happy to note that this is the largest consumer tech IPO of the year and also Avendus' second IPO since our foray into Equity Capital Markets. India's consumer tech companies are coming of age, with public markets embracing their growth stories like never before.

Swiggy’s IPO has been one of the most anticipated in India’s tech ecosystem, reflecting its momentum and the strong confidence of global investors in its vision to reshape convenience in India’s digital economy. With a cap table featuring blue chip investors and leading funds across the world, this IPO marks a significant milestone for Swiggy and underscores the global interest in India’s digital growth story. We are privileged to support Swiggy in this journey, reaffirming our commitment to supporting innovative companies as they scale and succeed in the public markets.