Swiggy
General
Grapevine: BigBasket eyes Milkbasket, DailyNinja; SoftBank seeks $10 bn for Vision Fund
Online grocery major Bigbasket is in talks to acquire micro-delivery startup Milkbasket and hyperlocal delivery startup DailyNinja,...
TMT
Which top-funded Indian startups are spending the most on technology?
India’s top-funded startups shelled out almost half a billion dollars to beef up technology infrastructure during the year...
TMT
Who are the biggest cash guzzlers in India Startup Inc?
Cash burn is a necessary evil that venture investors have to deal with, but India’s best-funded startups turned more aggressive...
Finance
Indian startups raking it in from money parked in mutual funds; ‘other income' up 31%
Indian technology startups generated a neat treasury income, or income from investment of surplus cash pumped in by investors,...
TMT
India's 50 best-funded startups clocked $5 bn revenue with $2.8 bn loss in FY19
Indian tech startups, which had put a brake on cash burn in 2017-18 as investors started asking about visibility on ......
General
Grapevine: Everstone looks to sell IT firm Everise; Adani may bid for Air India
Private equity firm Everstone Capital has decided to sell its Singapore-based IT services firm Everise Holdings for about $300...
TMT
Naspers, Meituan-Dianping deliver fresh capital to Swiggy
Food delivery platform Swiggy has raised Rs 805 crore (approximately $112.56 million at current exchange rates) in a round of...
TMT
Ola, Swiggy investor Tencent to step up bets outside China
Chinese tech giant Tencent Holdings said it will step up its investment overseas and in industries such as "smart retail",...
TMT
Early investors in Swiggy take home $222 mn in partial exits
Many early investors in Swiggy have earned high returns on their investments in the online food delivery startup by selling ......
TMT
Ant Financial delivers $150 mn to Zomato at $3 bn valuation
Food delivery company Zomato Media Pvt. Ltd has raised $150 million (Rs 1,067 crore) from existing investor Ant Financial, the...
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