Sula Vineyards has put Indian wines on the global map, blending passion with the perfect soil of Nashik. From humble beginnings to the country’s leading winery, Sula’s story is one of resilience, flavour, and continuous growth. Let’s uncork the essence of Sula Vineyards, uncover its secrets, and peek into what the future holds for this pioneering company. What is the Story of Sula Vineyards? When Rajeev Samant returned to India after studying and working in Silicon Valley, few could imagine that this young man would eventually transform an unassuming piece of land in Nashik into India’s largest vineyard. In 1996, with the help of Californian winemaker Kerry Damskey, Samant decided to start an ambitious experiment. Could India, a country known for its spices and teas, produce world-class wines? Back then, Nashik was famous for its grapes, but mostly the table variety. No one had thought of turning these grapes into high-quality wines. Rajeev, however, was convinced of the potential. Aft
Summary Swiggy, one of India’s largest online food delivery platforms, is set to launch its much-anticipated Initial Public Offering (IPO). This article delves into Swiggy’s journey, its business model, and the crucial financial details surrounding the IPO. We explore Swiggy’s 10-minute delivery controversy, examine the pros and cons of investing, compare it to competitors, and discuss Swiggy’s place in India’s changing economy. This is not investment advice, just a comprehensive look to help you make informed decisions. Latest update As of October 31, 2024 , Swiggy has finalized the price band for its upcoming IPO at ₹371 to ₹390 per share. The IPO, expected to raise around ₹11,327.43 crore through a combination of fresh issues (₹4,499 crore) and an offer for sale (OFS) by existing shareholders (₹6,828.43 crore), is one of the year’s largest in India. This offering is set to open for bidding from November 6 to November 8, 2024 , with shares likely to be listed on the BSE and NSE by