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Swiggy's IPO set to open tomorrow. Should you subscribe?

Food delivery giant Swiggy's IPO, valued at Rs 11,327 crore, opens tomorrow with a muted grey marke…

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Swiggy sets IPO price band between Rs 371-390/share; offer likely to open on November 6th. Here's all you need to know

The offer will conclude on November 8, and the listing is tentatively scheduled for November 13, 20…

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Swiggy IPO likely between November 6-8, 2024. Here's all you need to know

Notably, Swiggy's rival Zomato, which recently reported a staggering 389% YoY jump in its net profi…

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Zomato's net profit jumps 389% YoY, board approves Rs 8,500 crore fund-raise proposal

Ahead of the IPO of rival food and grocery delivery competitor Swiggy, Zomato's board also approved…

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Ahead of much awaited IPO, what is Swiggy upto? Launching XL Fleet, premium membership and kicking out Zomato CEO

​​In the buildup to its IPO, the delivery giant is dialing up the competitive fever big time with r…

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Have you heard of Hyperpure — Zomato’s lesser-known cousin for restaurant owners?

As a B2B food procurement platform, Hyperpure acts as one stop shop that restaurants, cafes and clo…

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Swiggy IPO likely in November, looking to raise Rs 11,000 crore; Rahul Dravid, Karan Johar bite into pre-IPO pie

The firm is likely to raise around Rs 11,000 crore, which will include a fresh issue of Rs 5,000 cr…

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Paytm declares Q2 results, earns Rs 930 crore as windfall gains by way of sale of ticketing business to Zomato

Notably, in the absence of this windfall gain, Paytm's finances would still be in red, with the com…

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Zomato earned Rs 83 crore from platform fee: What it is, how it benefits the company and how it affects you

Last year, Zomato introduced a platform fee, earning Rs 83 crore by March. This fee, despite making…

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Zomato to acquire Paytm's entertainment ticketing business for Rs 2,048 crore

Zomato has acquired Paytm's entertainment ticketing division for Rs 2,048 crore. The move, includin…

PTI   


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Paytm stocks rise over 2 percent after selling entertainment ticketing business to Zomato

One97 Communications, the owner of Paytm, saw its shares rise by more than 2% after announcing the …

PTI   


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Zomato and Swiggy increase platform fee by 20% – food deliveries to get costlier

Zomato and Swiggy have raised platform fees to ₹6 from ₹5, with tests in Delhi and Bengaluru. Despi…

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Zomato's Deepinder Goyal joins elite list of Indian billionaires

Zomato CEO Deepinder Goyal became a billionaire after a 2.22% stock surge to Rs 227.40, increasing …

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Zomato shares zoom over 12% after strong Q1 results

At the end of the market close, the company's market capitalisation (mcap) stood at Rs 2.31 lakh cr…

PTI   


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Zomato registers ₹125 crore profit in Q3 FY24, revenue up 53%

Food delivery platform Zomato on Thursday said it registered Rs 125 crore in profit in the third qu…

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Zomato posts Q4 consolidated net profit at ₹175 crore

Consolidated revenue from operations stood at Rs 3,562 crore. It was Rs 2,056 crore in the year…

PTI   


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Zomato continues to remain profitable in Q2; shares soar 10%

Food aggregator and delivery company Zomato continued to be profitable for the second straight quar…

ANI   


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Fintech unicorn Incred logs Rs 109 cr profit in FY23, revenue up over 77%

Amid the ongoing startup gloom comes good news in fintech unicorn Incred which has posted Rs 109 cr…

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Zomato's cost control efforts are hurting the startup: Strike at Blinkit to hurt revenues by 1%

Zomato is in the news for its efforts to control costs and achieve breakeven – it’s increasing the …

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Zomato net loss narrows to ₹188 crore in Q4, revenue rises 70% YoY

Online food delivery platform Zomato on Friday said that its consolidated net loss narrowed to abou…