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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…
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…
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…
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
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…
Do large IPOs guarantee large returns? Data suggests that 18 of India's biggest 30 IPOs did not generate solid returns
While over Rs 50,000 crores have been raised by these share sales so far since 2023, only 22% of th…
'Will my tickets get canceled now?' people who purchased tickets from scalpers during the Diljit-Coldplay mania ask
Not just small resellers, but multinational ticket exchange and ticket resale platform Viagogo, and…
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…
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…
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
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 …
Zomato hikes platform fee to ₹4 across key cities after bumper NY Eve
Buoyed by record food orders on New Year's Eve, food delivery platform Zomato increased its mandato…
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
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…
With Zomato rallying over 25% in the past month, street looks at the road ahead
Zomato's Q1FY24 results have shown recovery, with the company surpassing its listing price. The fir…
Bull run bonanza yields almost ₹1 lakh crore in exits for PE/VC investors
Thanks to the bull run which has also seen the market change its view on new-age companies — the ye…