Firms use different methodologies to calculate the valuation of privately-held companies, and Invesco's valuation of Swiggy is based on the market performance of publicly listed rivals. Zomato, Swiggy's chief rival, has a market cap between $22 billion and $30 billion in recent months. Another investor, Baron, valued Swiggy at $15.1 billion as of the end of March 2024.
You are viewing a single comment's thread from: