Shares of Indian food delivery giant Swiggy rose over 9% on their trading debut. The company raised 113.27 billion Indian rupees ($1.34 billion) in its IPO that closed Monday.Shares of Indian food delivery giant Swiggy soared over 9% on their trading debut Wednesday after a stellar IPO — the country's second-largest this year.

Shares of Swiggy surged 7% to ₹440 on Wednesday as the food-delivery and quick-commerce startup concluded India's second-largest IPO this year. Swiggy's $1.4 billion IPO, the second largest in India this year,

(Reuters) -Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 billion IPO last week, but pared initial gains on concerns about its path to profitability.

Indian food delivery firm Swiggy rose nearly 17 percent on its market debut Wednesday after raising $1.34 billion in the country's second-biggest IPO this year, as investor optimism offset profit