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Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

TMT

21 October, 2024

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce ......

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Swiggy gets a valuation mark-up from an investor ahead of IPO

TMT

15 October, 2024

Swiggy gets a valuation mark-up from an investor ahead of IPO

Food delivery major Swiggy, which is gearing up for one the largest new-age initial public offerings with an aim to ......

Swiggy gets shareholder nod to upsize IPO fresh issue

TMT

04 October, 2024

Swiggy gets shareholder nod to upsize IPO fresh issue

SoftBank-backed Indian food delivery company Swiggy received shareholders' approval to use a provision that will ......

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Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

General

25 September, 2024

Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

Swiggy has secured approval from Securities and Exchange Board of India (SEBI) for a confidential filing of draft ......

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Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

General

16 September, 2024

Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa ......

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Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

General

10 September, 2024

Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus ......

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Grapevine: Swiggy to focus on Instamart; US pension fund delegation in India

General

06 September, 2024

Grapevine: Swiggy to focus on Instamart; US pension fund delegation in India

Swiggy will direct a large portion of the proceeds from its upcoming $1.25 billion (Rs 10,490 crore) initial public ......

Swiggy beats Zomato in food delivery race but lags in quick commerce

TMT

04 September, 2024

Swiggy beats Zomato in food delivery race but lags in quick commerce

IPO-bound Swiggy’s consolidated revenue from operations increased nearly 36% to Rs 11,247 crore in the financial year ......

Swiggy hires Flipkart exec to lead quick commerce vertical Instamart

People

29 August, 2024

Swiggy hires Flipkart exec to lead quick commerce vertical Instamart

IPO-bound Swiggy has appointed Amitesh Jha as the chief executive of its quick commerce unit Instamart, ahead of the ......

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Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

General

28 August, 2024

Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

Canadian billionaire Prem Watsa's Fairfax Group and Bain Capital are competing to acquire Vadodara-based API ......

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