Swiggy’s IPO: Growth Potential and Risks for Investors

Shivani Nyati, Head of Wealth at Swastika Investmart Ltd., believes the listing signals optimism about Swiggy’s long-term growth potential, bolstered by its strong brand, vast network, and leading position in the food delivery sector. However, she also noted that the company's ongoing losses and the tough market conditions could dampen investor enthusiasm in the future.