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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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SoftBank-Swiggy deal gets CCI approval, two days before Zomato IPO

CCI has approved SoftBank’s request to invest in food delivery giant Swiggy, ahead of Zomato IPO.

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Swiggy gets a $1.25 billion cheque from Softbank for the same reason Zomato went for an IPO

Swiggy has raised $1.25 billion in a funding round led by SoftBank Vision Fund II and Prosus, a wee…

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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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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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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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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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Swiggy tightens focus on grocery delivery, as Zomato steps out

While Zomato has decided to step away from direct competition in the segment for now, Swiggy has…

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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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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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Ola raises half-a-billion dollars from Temasek and Warburg ahead of its IPO

Ride hailing giant Ola has raised $500 million from investment titans Temasek and Warburg Pincus, a…

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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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"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…

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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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The $3.6-billion Swiggy follows Zomato⁠— the food delivery firm lays off 1100 employees as Covid-19 squeezes business

“We unfortunately have to part ways with 1100 of our employees spanning across grades and functi…

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Swiggy, ShareChat, Byju’s lead the funding race as Indian startups raised $6.5 billion between April and June

As per the latest NASSCOM-PGA Labs report, India’s startups have raised $6.5 billion across 160 dea…

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These are the top 10 most-funded Indian startups of the decade

Indian startups are closing the decade with a bang. India will enter 2020 with a tag of being the w…