Swiggy Introduces 'International Login' for Global Food Orders
Swiggy has launched an 'International Login' feature allowing users abroad to order food for loved ones in India. This feature supports payments via international credit cards or UPI. The launch coincides with Swiggy's IPO plans, aiming to raise substantial capital.
- Country:
- India
Swiggy, the food delivery giant planning its initial public offering (IPO), has unveiled a new feature named 'International Login' that caters to its international clientele. This feature allows individuals residing in countries such as the US, Canada, Germany, and the UK to place food orders for their families and friends back in India.
Leveraging Swiggy's quick commerce platform Instamart, international users can now shop and book tables via Dineout. Payments for these services can be processed using international credit cards or UPI options. The much-awaited feature aims to simplify surprise celebrations for loved ones during festive times.
In a strategic move, Swiggy recently submitted its revised draft papers to the Securities and Exchange Board of India (SEBI) for its IPO. The offering includes new equity shares worth Rs 3,750 crore and an offer-for-sale of 18.52 crore shares by current investors. Market sources estimate the IPO's total value to exceed Rs 10,000 crore.
(With inputs from agencies.)
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