Shares of Indian food delivery giant Swiggy soared 15% on their trading debut Wednesday after a stellar IPO — the country's second-largest this year. The company, which is backed by SoftBank, raised 113.27 billion Indian rupees ($1.34 billion ...

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,

Swiggy is set to debut on the Indian stock markets. The $1.3 billion initial public offering is one of the few $1 billion-plus listings in India this year. It was one of the first companies that expanded beyond food delivery to quick commerce.