Swiggy Ltd.’s shares rallied in Mumbai on Wednesday in one of the best debuts for a large initial public offering this year, driven by strong investor interest in India’s burgeoning quick-commerce space.

Shares of Indian startup Swiggy surged at its Mumbai debut, driven by strong institutional interest in the food and grocery delivery company.

(Reuters) -Shares of Indian food and grocery delivery firm Swiggy jumped nearly 15% in their trading debut on Wednesday, bucking weakness in the broader market and a better performance than some analysts had predicted for the loss-making firm after its $1.