Swiggy sails through, but early signs of IPO fatigue surface in India

Managing Director and Group Chief Executive Officer of Swiggy, Sriharsha Majety gives a replica of a Swiggy delivery bag to Managing Director and CEO of National Stock Exchange of India Ashishkumar Chauhan ahead of the listing ceremony of its Initial Public Offering (IPO) at the National Stock Exchange (NSE) in Mumbai, India, November 13, 2024. REUTERS/Francis Mascarenhas