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2 mins read
After Deepinder Goyal and Kunal Shah, Info Edge backs this 10-month-old tech startup
Business-to-Business (B2B) ecommerce platform GenieMode has raised $7 million in a Series A round l…
3 mins read
ONDC not an immediate risk for Zomato and Swiggy as lower prices are due to discounts
Food delivery app Zomato’s stock price has been languishing between ₹52 and ₹64 for the last one ye…
2 mins read
Grofers becomes a unicorn after Zomato reportedly invests $120 million
Gurugram-based grocery delivery startup Grofers has reportedly entered the unicorn club, after rais…
5 mins read
The IPO excitement may be softer in 2022 but that can be a good thing for investors
That kind of unbridled enthusiasm is unlikely in 2022, according to Ajay Saraf, head of investme…
2 mins read
Zomato becomes a top pick for large mutual fund houses in July
These five mutual fund houses comprise more than 55% of the industry’s total assets under manage…
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.
3 mins read
Investments in real estate, government capex to drive India’s investment cycle in FY24
India’s investments will continue to be driven by household investment in real estate and governmen…
1 min read
Zomato IPO gets subscribed 20% on first day of bidding
The retail segment of the offering has been fully subscribed in just over an hour. So far, the I…
2 mins read
Here’s why Zomato is reportedly cutting a $300 million cheque for Grofers
Zomato had recently announced its $1.1 billion initial public offering plan, in which it had men…
5 mins read
Stock price run up in Paytm, Nykaa, Zomato, PB Fintech & Delhivery could see large shareholders cashing out - BofA
“Ironically, better-performing stocks may see blocks //(deals)// a…
6 mins read
New age technology companies back in the spotlight after Q3 performance
There’s no end to the woes of new age technology companies. They are in the spotlight yet again, af…
4 mins read
Angel tax changes to cheer investors, aid late-stage funding say experts
The Central Board of Direct Taxes (CBDT) in India has changed its rules relating to angel tax, a de…
2 mins read
Zomato investor Info Edge has invested in a drone startup helping Swiggy make deliveries
Skylark Drones, which is Swiggy get its drones off the ground, has raised $3 million in a funding …
4 mins read
SIMPLY PUT: “Zomato’s delivery charges are more than its stock price”
And the one equity research firm which stood behind the company was also trolled. Brutal times…
4 mins read
From 0 to $100 million in 5 years – That’s how long startups founded in 2017 took to scale up, says Redseer report
The average time taken by startups to reach revenue of $100 million has gone down significantly in …
3 mins read
Zomato’s path to profitability in the next three years requires two things, say analysts
Brokerages believe there might be a chance for the company to woo investors in a few years as th…
2 mins read
Zomato co-founder Deepinder Goyal has joined Magicpin as an independent director
Magicpin has appointed Zomato’s chief executive officer (CEO) and cofounder Deepinder Goyal as an i…
6 mins read
Zomato, PolicyBazaar investor Info Edge invested in nearly 2 startups every month in 2021
The development coincides with two of its portfolio companies — Zomato and PolicyBazaar — moving…
5 mins read
Info Edge is now worth almost $10 billion even with its profits falling for five quarters in a row
If you want to have a stake in the booming digital businesses of India, buying shares in Flipkart o…
2 mins read
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…