Swiggy hires JP Morgan, ICICI Securities for its $1 billion IPO: Reports Balraj·March 9, 2022Food delivery decacorn, Swiggy has appointed JP Morgan and ICICI Securities in preparation for its upcoming $1 billion...BusinessIndia NewsStartups·0 Comments·0
Zomato sets aside $400 million to invest in Quick Commerce Balraj·February 12, 2022Zomato has announced that it will invest $400 million in building a strong footprint in the booming quick...BusinessIndia News·0 Comments·0
Swiggy’s net operating revenue drops 26.5% YoY to Rs 2547 crore in FY21 Balraj·February 12, 2022Swiggy’s parent company Bundl Technologies has experienced its revenue drop, posting net operating revenue of Rs 2,547 crore...BusinessIndia NewsStartups·0 Comments·0
Zomato invests in two tech firms, board approves incorporation of NBFC Balraj·January 29, 2022Zomato, the food delivery giant, announced that its board has approved investments in two Indian companies: AdOnMo Pvt....BusinessIndia NewsStartups·0 Comments·0
Biryani By Kilo raises $35 million in Series B round led by Alpha Wave Ventures Balraj·November 23, 2021Biryani By Kilo (BBK), a cloud kitchen food-tech startup, has secured $35 million in a Series B funding...BusinessIndia NewsStartups·0 Comments·0
Swiggy announces two-year ESOP liquidity programme worth $40 million Balraj·October 7, 2021Swiggy and its Board have agreed to introduce a one-of-a-kind scheme that would allow employees with Employee Stock...BusinessIndia NewsStartups·0 Comments·0
Swiggy aiming for $10 billion valuation in fresh funding round Balraj·September 28, 2021Swiggy, an online food-tech platform, is in discussions with existing and new investors to fundraise up to $800...BusinessIndia NewsStartups·0 Comments·0
Zomato reports loss of Rs 356 crore in Q1 2021 after going public Balraj·August 11, 2021Zomato, a food delivery aggregator, revealed a gross loss of Rs. 356.2 crore for the fiscal quarter ending...India NewsMarketsTech·0 Comments·0
Uber’s stakes in Zomato now worth a billion dollars Without having to invest a single paisa Balraj·July 24, 2021The one shareholder who appears to be the sharpest of them all following Zomato’s successful IPO is none...India NewsMarketsNews·0 Comments·0
Nithin Kamath reveals Zerodha handled 20% of Zomato’s IPO subscriptions Balraj·July 17, 2021Co-founder of Zerodha Nithin Kamath disclosed that his stockbroking platform handled nearly 20 percent of all Zomato’s IPO...India NewsMarketsNews·0 Comments·0