
Amazon eyes stake in Swiggy’s Instamart ahead of IPO in mega startup play
According to the port, Amazon India has shown interest in picking up a stake in Swiggy’s instant commerce arm, Instamart, which could be ahead of Swiggy’s Rs 10,414 crore IPO. The move could either be in the form of a pre-IPO placement or a complete buyout. The Economic Times has highlighted several hurdles in the…