Swiggy
General
Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit
Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus Capital, currently owned by KKR, a media report ......
General
Grapevine: Swiggy to focus on Instamart; US pension fund delegation in India
Swiggy will direct a large portion of the proceeds from its upcoming $1.25 billion (Rs 10,490 crore) initial public offering (IPO) ......
TMT
Swiggy beats Zomato in food delivery race but lags in quick commerce
IPO-bound Swiggy’s consolidated revenue from operations increased nearly 36% to Rs 11,247 crore in the financial year ending March 2024, ......
People
Swiggy hires Flipkart exec to lead quick commerce vertical Instamart
IPO-bound Swiggy has appointed Amitesh Jha as the chief executive of its quick commerce unit Instamart, ahead of the food ......
General
Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle
Canadian billionaire Prem Watsa's Fairfax and US private equity firm Bain Capital are competing to acquire Vadodara-based API maker Farmson Basic Drugs in a deal ......
Finance
SoftBank-backed Swiggy looking at $15 bn valuation for upcoming IPO
SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock market offering ......
General
Grapevine: Amazon in talks for Instamart deal; AM Green eyes Assam Bio, Chempolis Oy
Amazon India has approached Swiggy for a potential deal involving its quick commerce business, Instamart, a media report said. Amazon is interested in ......
TMT
Swiggy investor keeps valuation unchanged ahead of IPO as Zomato retains rich tag
Food delivery firm Swiggy, which is set to file for a potential public offering after re-entering the decacorn club of startups earlier this ......
General
Barring Byju's write-off, how Prosus' India portfolio fared in FY24
Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju’s, marking a ......
General
Grapevine: Everstone to merge two portfolio firms; Carraro Group's India unit mulls IPO
Everstone Capital is set to merge two of its healthcare portfolio companies, Translumina Therapeutics and Everlife Holdings, in preparation for an ......
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