Swiggy
TMT
Swiggy leads $180 mn round in bike taxi startup Rapido
Roppen Transportation Services Pvt Ltd, which operates bike taxi app Rapido, has secured $180 million in Series D funding round ......
TMT
Elevation Capital raises $670 mn for fifth India-focussed fund
Venture capital and growth-equity investment firm Elevation Capital(formerly SAIF Partners) has raised $670 million (Rs 5,080 crore) for its fifth ......
Consumer
Zomato, Swiggy to face CCI probe for alleged unfair biz practices
Monopoly watchdog Competition Commission of India (CCI) on Monday ordered a detailed probe against food delivery platforms, Zomato and Swiggy, ......
Consumer
India's Swiggy eyes $800 million IPO early next year - Nikkei
Indian food delivery company Swiggy, which is backed by SoftBank Group, has started preparations to raise at least $800 million ......
TMT
Swiggy's FY21 sales decline 27% as pandemic-induced lockdowns cripple demand
Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has reported a 27% decline in its 2020-21 (FY21) operating revenue as Covid-19 induced lockdowns hit ......
Consumer
Swiggy is in talks to acquire table booking app Dineout
Food aggregator Swiggy is in early talks with Times Internet-backed table booking platform Dineout, multiple people aware of the development ......
Consumer
Deals Digest: Companies raise $2.75 bn this week; DealShare, Darwinbox turn unicorns
Companies raised $2.75 billion in venture capital (VC) and private equity (PE) funding this week, helped by two massive investments ......
TMT
Ola rebrands quick commerce segment; aims to set up 500 'dark stores'
ANI Technologies Pvt Ltd, parent of ride-hailing company Ola, has rebranded its quick commerce business as Ola Dash and aims to set up ......
People
‘We don't have much to worry about except execution,' Zomato CEO tells staff as stock plunges
Zomato is adequately capitalised and employees do not need to worry about anything except execution, Deepinder Goyal, Zomato’s Co-founder and Chief Executive Officer ......
TMT
Swiggy raises $700 mn from Invesco, others at $10.7 bn valuation
Foodtech platform Swiggy, operated by Bundl Technologies Pvt Ltd, has raised $700 million in a funding round led by Invesco, ......
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