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

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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

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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 ......

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

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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

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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

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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

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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 ......

Swiggy's $1.4 bn IPO oversubscribed as investors bet on quick-commerce boom

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08 November, 2024

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 institutional investors rushed in ......

Swiggy gets 12% subscription on first day of $1.4 bn IPO

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06 November, 2024

Swiggy gets 12% subscription on first day of $1.4 bn IPO

Food and grocery delivery firm Swiggy's $1.4 billion IPO was 12% subscribed after its first day of bidding, with retail ......

Norway's wealth fund, Fidelity among anchor investors in Swiggy IPO

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06 November, 2024

Norway's wealth fund, Fidelity among anchor investors in Swiggy IPO

Swiggy sold shares worth $605 million to institutional investors including Fidelity and Norges on Tuesday as the food delivery firm ......

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Norwest strikes dream returns from a decade-old India bet

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04 November, 2024

Norwest strikes dream returns from a decade-old India bet

Multi-stage investment firm Norwest Venture Partners, which mostly invests in venture-stage transactions with a few growth-stage private equity-type deals in ......