This is particularly piquant when one considers that just weeks ago, Swiggy insisted that Zomato CEO Deepinder Goyal, shouldn't return as an investor on Shark Tank India.

At the upper-end of the price band of ₹371 to ₹390 per share, Swiggy IPO will value the Softbank-backed company at $11.3 billion, slightly higher than its valuation during the last funding round in 2022.

Swiggy's IPO offering is expected to raise around ₹11,327 crore (approximately $1.36 billion), targets a valuation near $11 billion.

In a kind gesture, Zomato CEO Deepinder Goyal on Wednesday congratulated rival Swiggy on its stock market debut, whose shares got listed at a premium of nearly 8 per cent on the NSE

Swiggy, the Indian food delivery giant, debuted on the stock market with its shares opening at a premium. CEO of competitor Zomato, Deepinder Goyal, congratulated Swiggy on social media, sparking positive responses from users.

On Swiggy’s IPO day, Zomato turned to social media platforms X and Instagram to share a humorous meme that quickly went viral. The post celebrated Swiggy’s big moment with a lighthearted nod.

Zomato shared its congratulatory message on X, tweeting, 'You and I in this beautiful world,' accompanied by a heart emoji. The post included an image of delivery personnel from both companies standing together,

Zomato congratulated Swiggy on its successful IPO, which saw its shares open at a 7.69% premium. The food delivery giant's warm welcome on social media highlighted the healthy competition and mutual respect between the two companies.

Zomato sent a heartfelt tweet to rival Swiggy as the latter debuted on the Bombay and National Stock Exchanges. The post, featuring a photo of Zomato and Swiggy delivery riders side by side, read, 'You and