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Early investors in Swiggy take home $222 mn in partial exits

TMT

15 January, 2020

Early investors in Swiggy take home $222 mn in partial exits

Many early investors in Swiggy have earned high returns on their investments in the online food delivery startup by selling ......

Ant Financial delivers $150 mn to Zomato at $3 bn valuation

TMT

10 January, 2020

Ant Financial delivers $150 mn to Zomato at $3 bn valuation

Food delivery company Zomato Media Pvt. Ltd has raised $150 million (Rs 1,067 crore) from existing investor Ant Financial, the ......

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

General

25 November, 2019

Grapevine: Zomato frontrunner for UberEats; Mitsui, CPPIB in talks for RMZ projects

Uber’s India food delivery business, UberEats, has been put on the block again for close to $500 million (Rs 3,583 ......

Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn

TMT

20 November, 2019

Naspers spinoff Prosus may bet more on Swiggy as India investments touch $5 bn

The head of Prosus NV’s venture capital arm expects to make more investments in the food delivery space globally, building ......

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Why India's B2B unicorns are more capital-efficient than B2C startups

TMT

15 November, 2019

Why India's B2B unicorns are more capital-efficient than B2C startups

Indian or Indian-origin technology unicorns that focus on the business-to-business segment are more capital-efficient than their business-to-customer counterparts, a new ......

Naspers spin-off Prosus soars 25% on Amsterdam trading debut

TMT

11 September, 2019

Naspers spin-off Prosus soars 25% on Amsterdam trading debut

Shares in the spin-off of South African e-commerce group Naspers surged more than 25% in the first minutes of their ......

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How Naspers built its Indian empire as it readies for $100-bn listing of web assets

TMT

30 August, 2019

How Naspers built its Indian empire as it readies for $100-bn listing of web assets

In December last year, food delivery company Swiggy received its biggest cheque—$1 billion—from investors to date. But that isn’t the ......

Grapevine: Swiggy raising $750 mn afresh; Blackstone may buy late coffee baron's IT park

General

02 August, 2019

Grapevine: Swiggy raising $750 mn afresh; Blackstone may buy late coffee baron's IT park

Online food delivery startup Swiggy is in advanced talks to raise up to $750 million (Rs 5,196.5 crore at current ......

Amazon plans India food delivery service in tie-up with Narayana Murthy's Catamaran

TMT

29 July, 2019

Amazon plans India food delivery service in tie-up with Narayana Murthy's Catamaran

Amazon.com Inc is planning a foray into the burgeoning online food delivery business in India this year, two sources aware ......

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Secondaries specialist TR Capital makes another India bet

TMT

17 July, 2019

Secondaries specialist TR Capital makes another India bet

TR Capital, a Hong Kong-based secondaries specialist that has ramped up its India presence over the past year, has placed ......