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Grapevine: Zepto eyes fresh funding; Zomato brings back former senior execs

General

02 July, 2024

Grapevine: Zepto eyes fresh funding; Zomato brings back former senior execs

Quick commerce startup Zepto, which raised $665 million (Rs 5,555 crore) in a fresh round of funding a month ago, ......

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Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

General

17 June, 2024

Grapevine: Paytm may sell ticketing biz; Jefferies set to hire StanChart exec

Paytm is in advanced talks with Zomato Ltd. to sell its movie and events ticketing business, a media report said......

Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom

TMT

11 June, 2024

Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom

In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race against time to ......

Zomato's Q4 profit falls below analyst expectations, advertising spends higher

Finance

13 May, 2024

Zomato's Q4 profit falls below analyst expectations, advertising spends higher

Indian food delivery platform Zomato reported a smaller-than-expected quarterly profit on Monday, hurt by surging ......

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Separating fact from fiction: how many unicorns does India really have?

TMT

20 March, 2024

Separating fact from fiction: how many unicorns does India really have?

Last week, Perfios, a startup offering software-as-a-service (SaaS) solutions, entered the much-coveted unicorn club ......

China's Antfin pulls out over $340 mn more from Zomato

TMT

06 March, 2024

China's Antfin pulls out over $340 mn more from Zomato

China's Antfin, part of Jack Ma-founded Ant Group and an affiliate of Alibaba Group, has trimmed its stake in Zomato......

Zomato posts net profit in Q3, revenue from quick commerce more than doubles

TMT

08 February, 2024

Zomato posts net profit in Q3, revenue from quick commerce more than doubles

Indian food delivery platform Zomato reported a quarterly profit that beat market expectations on Thursday, aided by ......

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Swiggy back in decacorn club with latest valuation mark-up

TMT

17 January, 2024

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 ......

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SoftBank wraps up $375 mn India exit with a profit

TMT

08 December, 2023

SoftBank wraps up $375 mn India exit with a profit

Japanese technology investment goliath SoftBank, which has been on a spree to harvest money from its India portfolio, ......

PE/VC funds, promoters pull out over $12 bn as equity market rallies

Markets

01 December, 2023

PE/VC funds, promoters pull out over $12 bn as equity market rallies

Large shareholders in Indian firms have sold 1.03 trillion rupees ($12.36 billion) in shares so far this year, double ......

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