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India's quick-commerce frenzy is unsustainable: TVS Capital's Srinivasan

Finance

14 February, 2025

India's quick-commerce frenzy is unsustainable: TVS Capital's Srinivasan

India's quick-commerce frenzy, which has boosted the fortunes of delivery firms such as Zomato and SoftBank-backed Swiggy, is not sustainable ......

Food delivery platform Zomato to rebrand as 'Eternal', unveils new logo

TMT

06 February, 2025

Food delivery platform Zomato to rebrand as 'Eternal', unveils new logo

Indian food and grocery delivery platform Zomato said on Thursday it will rename the company to "Eternal" and unveiled a ......

Swiggy Q3 loss widens as competition fuels investment surge

TMT

05 February, 2025

Swiggy Q3 loss widens as competition fuels investment surge

India's Swiggy reported a wider quarterly loss on Wednesday, as the online platform poured money into its quick commerce business ......

Pro
Flashback 2024: How PE-VC investors drove the $20-bn IPO boom

Finance

31 December, 2024

Flashback 2024: How PE-VC investors drove the $20-bn IPO boom

Primary market activity boomed in India this year as companies fell over each other to get a stock ticker, providing ......

Premium
Quick commerce unicorn Zepto set to see another $100-mn-plus transaction

TMT

09 December, 2024

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 family offices just weeks ......

Swiggy posts narrower Q2 loss on quick commerce growth

TMT

03 December, 2024

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 saw ......

Premium
After Swiggy, another portfolio firm of Prosus draws up plan for mega IPO

TMT

20 November, 2024

After Swiggy, another portfolio firm of Prosus draws up plan for mega IPO

Global technology investor Prosus had recently monetised its investment in Swiggy when the food delivery and quick commerce company went ......

Swiggy backer Prosus looks to list Indian payments firm PayU in 2025

TMT

13 November, 2024

Swiggy backer Prosus looks to list Indian payments firm PayU in 2025

Dutch technology investor Prosus hopes to list Indian digital payments and lending firm PayU next year, its chief investment officer said ......

Swiggy delivers 17% surge in trading debut as investors bet on quick commerce

TMT

13 November, 2024

Swiggy delivers 17% surge in trading debut as investors bet on quick commerce

SoftBank-backed Swiggy's shares ended nearly 17% higher in their trading debut in India on Wednesday, signalling growing investor confidence in food and ......

CCI finds Zomato, Swiggy's food delivery businesses in breach of antitrust laws

TMT

08 November, 2024

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 competition laws, with their business practices ......

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