Indian food delivery platform Swiggy gets shareholder nod to upsize IPO fresh issue

Indian food delivery platform Swiggy gets shareholder nod to upsize IPO fresh issue

SoftBank-backed Indian food delivery company Swiggy has received shareholders’ approval to use a provision that will allow it to increase the size of fresh issue in its IPO to 50 billion rupees ($595 million) from 37.5 billion rupees, people aware of the matter told Reuters on Thursday.