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Info Edge net profit surges over 47-fold on Zomato's listing, raises Rs 750 cr

Consumer

15 November, 2021

Info Edge net profit surges over 47-fold on Zomato's listing, raises Rs 750 cr

Info Edge (India) Ltd, the parent of businesses such as Naukri.com and 99acres.com, posted an over 47-fold jump in its ......

Premium
Consumer  tech  IPOs  a  windfall  for  i-banks

Consumer

15 November, 2021

Consumer  tech  IPOs  a  windfall  for  i-banks

Investment banks are reaping the gains of a bumper primary market this year. They have pocketed record fee incomes, managing ......

Premium
Deals Digest: Zomato grabs spotlight with three startup bets in post Diwali week

Finance

12 November, 2021

Deals Digest: Zomato grabs spotlight with three startup bets in post Diwali week

Private equity and venture capital deal volumes shot up, but deal value fell in the post Diwali week, as newly-listed ......

Zomato to divest, shut down, non-core biz like Fitso

Consumer

10 November, 2021

Zomato to divest, shut down, non-core biz like Fitso

Online food delivery platform Zomato is in the process of divesting or shutting down its non-core businesses. In a blog ......

Zomato's investment turns Curefit to unicorn valued at $1.5 bn

Consumer

10 November, 2021

Zomato's investment turns Curefit to unicorn valued at $1.5 bn

Food delivery and restaurant aggregation platform Zomato Ltd has acquired a 6.4% stake in Curefit Healthcare Ltd via twin deals,...

Zomato invests in Curefit, Shiprocket, magicpin; parks $1 bn to invest in startups

Consumer

10 November, 2021

Zomato invests in Curefit, Shiprocket, magicpin; parks $1 bn to invest in startups

Online food aggregator Zomato Ltd. has signed definitive agreements to invest $75 million for an 8% stake in Bigfoot Retail ......

Zomato invests $60 mn in hyperlocal discovery startup Magicpin

TMT

10 November, 2021

Zomato invests $60 mn in hyperlocal discovery startup Magicpin

Samast Technologies Pvt. Ltd, which operates hyperlocal discovery startup Magicpin, on Wednesday said it has raised $60 million...

Snapdeal appoints two ESG-focused directors ahead of Rs 3,000 cr IPO

People

26 October, 2021

Snapdeal appoints two ESG-focused directors ahead of Rs 3,000 cr IPO

SoftBank-backed ecommerce platform Snapdeal, which is likely to file its IPO draft papers in the next few months, has appointed...

Workforce manager Smartstaff raises $4.3 mn from Blume Ventures, Nexus, others

TMT

04 October, 2021

Workforce manager Smartstaff raises $4.3 mn from Blume Ventures, Nexus, others

Blue-collar workforce management platform Smartstaff (previously Qikwork Services Pvt Ltd) has raised $4.3 million in funding...

Zomato says Gaurav Gupta exit ‘does not warrant disclosure'

Consumer

19 September, 2021

Zomato says Gaurav Gupta exit ‘does not warrant disclosure'

Zomato Ltd has said that its co-founder Gaurav Gupta’s exit from the company ‘does not warrant any disclosure under...

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