Swiggy IPO: Food delivery and quick commerce platform Swiggy’s IPO worth Rs 11,324 crore opens today. It consists of Rs 4,500 crore fresh issue and remaining as an offer for sale. Without a specific promoter, various institutional investors including Accel India, Apoletto Asia, Alpha Wave Ventures, DST Euro Asia, and Norwest Venture Partners are selling portions of their holdings. The fresh issue funds will support debt repayment, dark store expansion, technological improvements, marketing, and acquisition strategies.