Invesco

Baron Capital Slashes Swiggy’s Valuation To $7.1 Billion

16/05/2023

Prior to this, Baron Capital lowered the company’s valuation to $6.7 billion as of June 2022.

Invesco Slashes Swiggy’s Valuation To $5.5 Billion

09/05/2023

Invesco’s decision reflects the growing concerns around the profitability of food aggregator businesses, punctuated by high costs of customer acquisition and delivery logistics and intense competition that have led to the erosion of profit margins