Swiggy
Consumer
Consumer goods firms gear up to cash in on a sizzling summer
Indian consumer goods companies such as makers of cooling systems, beer and ice cream are attempting to capitalise on a ......
General
Grapevine: Tesla, RIL in talks for EV plant; PremjiInvest may bet on Canva
Billionaire Elon Musk-led Tesla is in talks with Reliance Industries Ltd (RIL) to establish a joint venture for manufacturing electric ......
TMT
How India's top-funded startups curbed cash burn as VC funding slowed
India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as they reined ......
TMT
Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again
India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months through ......
TMT
India's top-funded tech startups reined in FY23 losses as revenue growth slowed
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-22 thanks to record venture ......
TMT
SoftBank-backed Swiggy posts a $200 mn loss for April-Dec FY24
Food delivery giant Swiggy recorded a $200 million loss for the nine months to December 2023, according to an internal ......
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 ......
