Swiggy to offer shares at Rs 371-390 – Times of India
MUMBAI: Swiggy has set a price band of Rs 371-390 for its upcoming Rs 11,327 crore (about $1.4 billion) IPO which will be launched on Nov 6, sources told TOI.…
Swiggy seeking to sell shares for up to Rs 390 each in IPO – Times of India
Indian food-delivery platform Swiggy Ltd. is seeking to sell shares for as much as 390 rupees ($4.64) each in an initial public offering that may raise $1.35 billion, people familiar…
Paytm posts first net income after selling assets to Zomato – Times of India
Paytm reported its first-ever net income, helped by a gain from the sale of its events business as the Indian fintech pioneer fights to rebound from regulatory setbacks.The company, which…
E-commerce speeds up to catch up with Quick commerce – Times of India
MUMBAI: For online platforms, this festive season is all about speed. As quick commerce firms expand into non-grocery categories - the domain of e-commerce companies- and enter smaller cities, getting…
Swiggy targets USD 15 billion valuation in year’s biggest IPO – Times of India
NEW DELHI: Food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering to raise $1-1.2 billion, people familiar with the matter said.…
Food delivery firm Swiggy targets $15 billion valuation in IPO: Report – Times of India
NEW DELHI: Swiggy is targeting a valuation of approximately $15 billion in its upcoming stock market offering, with plans to raise between $1 billion and $1.2 billion through the IPO.The…
Zomato shuts intercity food service Legends – Times of India
BENGALURU: Zomato has shuttered its intercity food delivery service Legends owing to the lack of a product-market fit. It suspended the offering in April of this year. "After two years…
Paytm to sell entertainment ticketing units to Zomato for Rs 2,048 crore: BSE – Times of India
NEW DELHI: One 97 Communications Limited, the parent company of Paytm on Wednesday said that it will sell its entertainment ticketing business to Zomato for Rs 2,048 crore. The entertainment…
Why investors are getting concerned with India’s heatwaves – Times of India
India’s sweltering summer is the latest worry for companies already hit by slowing earnings growth and ongoing supply chain disruptions. The heatwave featured no fewer than 80 times in earnings…
Deepinder Goyal is now a billionaire as Zomato shares rally 300% in just 2 years – Times of India
Deepinder Goyal, the co-founder and CEO of Zomato, has recently joined the elite group of billionaires in India. This achievement is a result of his 4.2% stake in the company,…