Zomato
TMT
Zomato swings to surprise Q2 profit from year-ago loss
India's Zomato on Friday reported a surprise profit for the second quarter, as consumers ordered more from restaurants and its ......
TMT
Temasek clocks partial exit from India portfolio amid hectic dealmaking
Singapore state investment firm Temasek has made a partial exit from an Indian company, marking at least its second liquidity move ......
TMT
SoftBank nears more than $350 mn India exit
Japanese technology investment goliath SoftBank, which has been on a harvest spree in India having offloaded shares of Paytm, FirstCry ......
TMT
SoftBank trims stake in Zomato for $115 mn
SoftBank Vision Fund on Wednesday sold a 1.17% stake in Indian food delivery firm Zomato in a deal valued at ......
TMT
Tiger Global wraps up fourth full exit in India this year pocketing over $310 mn
Tiger Global, one of the most celebrated and prolific international venture capital investors in the Indian startup ecosystem and credited with spawning ......
General
Grapevine: RIL may sell more stake in retail arm; Ather Energy defers funding plan
Billionaire Mukesh Ambani-led Reliance Industries Ltd (RIL) is looking to sell more stake in its retail arm to fund expansion, retire debt and ......
TMT
Swiggy valuation cut again, now less than half its peak $10.7 bn tag
A US-based public markets investor has again cut its estimate of Indian food delivery unicorn Swiggy's valuation even as the ......
Economy
Govt plans welfare measures for gig workers ahead of elections
India plans to roll out welfare measures for "gig" workers employed through platforms like Amazon, Uber and India's Zomato as ......
TMT
SoftBank-backed Meesho posts first-ever profit, plans IPO in 12-18 months
Indian e-commerce startup Meesho has posted its first-ever profit and is targeting a stock market listing in the next 12-18 ......
TMT
Zomato reports first-ever net profit on back of tax credit
Foodtech major Zomato reported its first net profit on Thursday propelled by a tax gain, a quarter ahead of its ......