Swiggy
General
Grapevine: Bharti may sell life insurance unit; Captain Fresh seeks funding
Billionaire Sunil Mittal-led Bharti Group is in advanced negotiations with SBI Life and other insurers to divest its wholly owned ......
TMT
Swiggy back in decacorn club with latest valuation mark-up
Food delivery venture unicorn Swiggy, which has begun preparations for its potential public listing, has re-entered the decacorn club of ......
TMT
Invesco raises SoftBank-backed Swiggy's valuation to $8.3 bn
U.S. asset manager Invesco has raised the valuation of Indian food delivery platform Swiggy to $8.3 billion from $7.85 billion ......
TMT
Zomato, Swiggy get notice for $90 mn in unpaid taxes
India's top organization for indirect taxes has issued notices on unpaid taxes worth about 7.5 billion rupees ($90 million) to ......
General
Grapevine: Swiggy shortlists bankers for IPO; Tata weighs sale of Voltas home appliance biz
SoftBank-backed food delivery platform Swiggy has likely shortlisted seven investment banks to prepare for its initial public offering that it may float next year, ......
General
Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids
Business-to-business manufacturing and automation startup Groyyo is likely to wind down its trading vertical in coming months, a media report said. Groyyo’s venture capital backers ......
TMT
Swiggy gets a valuation jump, still way below its peak
Food delivery unicorn Swiggy finally has good news in its corner, after facing a series of valuation cuts through the ......
TMT
Swiggy looking at public debut next year
Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to ......
People
Swiggy, Byju's backer Prosus splits food, edtech investment teams
Prosus Ventures, formerly Naspers, an early-stage and growth investor in privately held companies, has split its food delivery and edtech ......
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 ......