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Peak XV to hold CEOs meet for first time after Sequoia split

Finance

31 July, 2023

Peak XV to hold CEOs meet for first time after Sequoia split

India's biggest venture capital firm Peak XV Partners has organised a meeting of its more than 200 investee companies next ......

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CPPIB's India exposure tops C$20 bn, doubles in three years

Finance

24 May, 2023

CPPIB's India exposure tops C$20 bn, doubles in three years

Canada Pension Investment Plan Board (CPPIB) increased its net assets in India by 11% in the fiscal year through March 2023, ......

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Private equity exit deals reverse course, slump to five-year low in FY23

Finance

24 May, 2023

Private equity exit deals reverse course, slump to five-year low in FY23

The number of private equity exit transactions fell to their lowest level in at least five years during the 12 months through ......

Zomato's Q4 loss narrows, revenue grows as food delivery scenario improves

Finance

19 May, 2023

Zomato's Q4 loss narrows, revenue grows as food delivery scenario improves

Food delivery platform Zomato narrowed its net loss for the quarter ended 31 March 2023 to Rs 188.2 crore against ......

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

TMT

18 May, 2023

Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO

Foodtech unicorn Swiggy on Thursday said its food delivery business, which accounts for the majority of its revenue, has turned ......

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Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

TMT

08 May, 2023

Invesco trims Swiggy's valuation in ‘March' again after slashing it to $5.5 bn

US-based Invesco has knocked down the value of its stake in foodtech unicorn Swiggy held through one of its investment ......

How the digitised Indian consumer is luring global investors for a piece of cake

TMT

03 April, 2023

How the digitised Indian consumer is luring global investors for a piece of cake

Mumbai resident Shivam Vahia cannot remember the last time he left home to shop. He spends about 30,000 rupees ($364) ......

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Deals Digest: Funding activity tanks seeing steepest decline in weeks

TMT

03 March, 2023

Deals Digest: Funding activity tanks seeing steepest decline in weeks

In a major decline in funding activity, deal value more than halved from the last week as the last five ......

VC-backed Kitchens@ buys Swiggy's cloud kitchens after snapping Zomato's ZIS

TMT

02 March, 2023

VC-backed Kitchens@ buys Swiggy's cloud kitchens after snapping Zomato's ZIS

Food delivery aggregator Swiggy has sold its cloud kitchen business to Beenext-backed Loyal Hospitality Pvt. Ltd, which operates cloud kitchen ......

Deepinder Goyal steps down from Urban Company board as Blinkit may enter home services space

TMT

01 March, 2023

Deepinder Goyal steps down from Urban Company board as Blinkit may enter home services space

Zomato's co-founder and chief executive officer Deepinder Goyal has resigned from the board of Urban Company as the Zomato's owned ......