Temasek, Top Funds Bid in Swiggy’s $1.1 Billion Share Sale
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The Swiggy listing ceremony at the NSE in Mumbai.Global investors, including Singapore’s Temasek Holdings Pte and Capital Group, are offering to buy shares in Swiggy Ltd., according to people familiar with the matter, as the Indian food delivery company seeks fresh funds a year after its market debut.India’s top asset managers including SBI Funds Management Ltd., ICICI Prudential Asset Management Co. and HDFC Asset Management Co., also participated in the $1.1 billion offering, the people said, asking not to be identified as the information is private. Among other global investors, Fidelity Investments Inc., BlackRock Investments LLC and Nomura Holdings Inc. have placed bids, they said.