Zomato
TMT
SoftBank trims stake in Zomato for $115 mn
SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at ......
TMT
Tiger Global wraps up fourth full exit in India this year pocketing over $310 mn
Tiger Global, one of the most celebrated and prolific international venture capital investors in the Indian startup ecosystem and credited with spawning ......
General
Grapevine: RIL may sell more stake in retail arm; Ather Energy defers funding plan
Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to sell more stake in its retail arm to fund expansion, retire debt and ......
TMT
Swiggy valuation cut again, now less than half its peak $10.7 bn tag
A US-based public markets investor has again cut its estimate of Indian food delivery unicorn Swiggy's valuation even as the ......
Economy
Govt plans welfare measures for gig workers ahead of elections
India plans to roll out welfare measures for "gig" workers employed through platforms like Amazon, Uber and India's Zomato as ......
TMT
SoftBank-backed Meesho posts first-ever profit, plans IPO in 12-18 months
Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 ......
TMT
Zomato reports first-ever net profit on back of tax credit
Foodtech major Zomato reported its first net profit on Thursday propelled by a tax gain, a quarter ahead of its ......
Finance
Peak XV to hold CEOs meet for first time after Sequoia split
India's biggest venture capital firm Peak XV Partners has organised a meeting of its more than 200 investee companies next ......
Finance
CPPIB's India exposure tops C$20 bn, doubles in three years
Canada Pension Investment Plan Board (CPPIB) increased its net assets in India by 11% in the fiscal year through March 2023, ......
Finance
Private equity exit deals reverse course, slump to five-year low in FY23
The number of private equity exit transactions fell to their lowest level in at least five years during the 12 months through ......
