Zomato
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 ......
TMT
Zomato misses Q2 profit estimates as expansion costs squeeze margin
India's Zomato reported a smaller-than-expected rise in profit for the second quarter on Tuesday as margins took a ......
TMT
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 ......
TMT
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 ......
General
Grapevine: KKR reworking BookMyShow deal; Race for Ayana Renewable in final lap
Private equity firm KKR is renegotiating its planned deal to invest in Reliance Industries-backed BookMyShow, India’s ......
TMT
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 ......
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