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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…
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…
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…
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…
2 mins read
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…
2 mins read
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,…
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…
2 mins read
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…
2 mins read
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…
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.
1 min read
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…
2 mins read
"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…