Swiggy's Valuation Dips to $14.74 Billion Amid IPO Preparations

US Investor Baron Capital has valued Swiggy at $14.74 billion as of June 2024, a slight dip from $15.1 billion in March due to rupee depreciation. As Swiggy gears up for its $1.25 billion IPO, the company faces financial challenges, including a $1,600 crore loss in FY24's first three quarters.