Zomato
TMT
Flashback 2024: Top technology deals of the year
India’s technology sector revealed a contrasting pattern in 2024, with venture capital and private equity ......
TMT
Govt orders Zomato to pay $95 mn in taxes, fines
India's tax department has ordered Zomato to pay 8.04 billion rupees ($94.8 million) in taxes and fines for non-......
TMT
Quick commerce unicorn Zepto set to see another $100-mn-plus transaction
Quick commerce startup Zepto, which sealed a $350 million round bankrolled by domestic investors including several ......
TMT
Swiggy posts narrower Q2 loss on quick commerce growth
Indian food and grocery delivery firm Swiggy reported a narrower quarterly loss on Tuesday as the newly listed company ......
General
Grapevine: Boat, Zomato, Brookfield, Porter, Piramal-Bain ARC, Oyo, MPL in news
Gentari Sdn Bhd has agreed to acquire a renewables portfolio from Brookfield Asset Management, while Zomato has enlisted......
TMT
Swiggy delivers 17% surge in trading debut as investors bet on quick commerce
Shares of Indian food and grocery delivery firm Swiggy rose 2.5% in their trading debut on Wednesday, after its $1.4 ......
TMT
CCI finds Zomato, Swiggy's food delivery businesses in breach of antitrust laws
An investigation by India's antitrust body found food delivery giants Zomato and SoftBank-backed Swiggy breached ......
TMT
Swiggy's $1.4 bn IPO oversubscribed as investors bet on quick-commerce boom
Food and grocery delivery firm Swiggy's $1.4 billion initial public offering was oversubscribed on Friday, as ......
Consumer
Reliance plays catch-up to ride India quick commerce wave
Asia's richest man Mukesh Ambani is mimicking the strategy of popular Indian grocery startups to drastically change......
TMT
Swiggy cuts IPO valuation again, BlackRock and CPPIB to invest
Indian food delivery giant Swiggy has slashed its IPO valuation again, to $11.3 billion, 25% below the initial goal of ......
