What are the key risks related to Swiggy's IPO, one of India's biggest IPOs this year?
Swiggy, in its updated filings for one of India's biggest IPOs this year, said that consistent losses since its incorporation is one of the key risks to its public offer. The company's operations could be impacted if it fails to acquire or retain users, delivery partners or restaurant partners. It also cited intense competition and high attrition as risk factors.