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4 mins read

Swiggy reports nearly three-fold increase in annual revenue, in neck and neck race with Zomato

Revenue of food delivery giant Swiggy has grown 2.8 times in the last one year, between June 2020 a…

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2 mins read

Former SoftBank country head Manoj Kohli joins WeWork India as an independent director

WeWork India said on Monday that it has appointed Manoj Kohli, former country head of SoftBank Indi…

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1 min read

Swiggy appoints 3 independent directors to its Board

Swiggy on Monday announced it has appointed three independent directors to its Board - Mallika Srin…

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3 mins read

Online grocers are back in business in India with billions more to burn – and that may be good for consumers

There was a time when the online grocery vertical had become the hot favourite with major players…

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Swiggy is now valued more than Zomato

Swiggy was valued at $10.7 billion in this latest round, a source close to the deal told Busines…

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Softbank is eyeing a slice of the Indian food delivery market

In fact, a source told ET that Softbank was scouring the Indian food delivery market for deals,…

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2 mins read

PolicyBazaar plans to raise close to $870 million through its IPO at a likely valuation of $3.5 billion

PolicyBazaar’s parent company PB Fintech is planning to raise ₹6,500 crore (around $871 million) IP…

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Agritech startup Vegrow raises $13 million Lightspeed, Elevation

Vegrow has raised $13 million in a Series A round co-led by Lightspeed Venture Partners and Elevati…

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After Zomato, Swiggy scales down its grocery marketplace operations – leaving more space for JioMart, BigBasket, Amazon and others

However, not everything will be toned down. The $3.6 billion startup said that it will continu…

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1 min read

Zomato IPO gets oversubscribed by 38 times

Zomato launched its IPO on July 14, and it has been oversubscribed by 38 times.

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Post Flipkart, SoftBank to buy a stake in Paytm

As per people in the know, One97 is seeking a higher valuation of up to $8 billion, and is…

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"Jack Ma and I will remain friends forever," says Masayoshi Son as Alibaba founder leaves SoftBank board

There was something more disappointing for Masayoshi Son than Softbank’s nearly $9 billion loss and…