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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 ......

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Deals Digest: Funding momentum picks up this week due to two large deals

General

22 November, 2024

Deals Digest: Funding momentum picks up this week due to two large deals

Capital raised by startups in the week ended 22 November edged up, propelled by two big-ticket deals including another large ......

Zepto mops up another $350 mn in an entirely domestic funding round

TMT

22 November, 2024

Zepto mops up another $350 mn in an entirely domestic funding round

Quick commerce startup Zepto Friday said it has raised $350 million (around Rs 3,000 crore) in its latest fundraise from ......

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Grapevine: Bain, IndiaRF, Zepto, SBI Ventures, and Toddle in news

General

13 November, 2024

Grapevine: Bain, IndiaRF, Zepto, SBI Ventures, and Toddle in news

Bain Capital is in advanced discussions to acquire a controlling stake in a gold loan company, while a fund backed ......

Reliance plays catch-up to ride India quick commerce wave

Consumer

30 October, 2024

Reliance plays catch-up to ride India quick commerce wave

Asia's richest man Mukesh Ambani is mimicking the strategy of popular Indian grocery startups to drastically change how his retail empire ......

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Grapevine: Haier, Zepto, Torrent Power, WeWork India, 360 One WAM in news

General

22 October, 2024

Grapevine: Haier, Zepto, Torrent Power, WeWork India, 360 One WAM in news

Zepto and Torrent Power are seeking fresh funding, while WeWork India is preparing to launch an initial public offering (IPO), ......

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

TMT

21 October, 2024

Retail group seeks antitrust probe of Swiggy, Blinkit, Zepto

India's biggest group of retail distributors has asked the antitrust authority to investigate three quick commerce companies - Zomato's Blinkit, ......

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Grapevine: Zepto, Quadria, TPG, Mensa Brands in news

General

18 October, 2024

Grapevine: Zepto, Quadria, TPG, Mensa Brands in news

Quick commerce startup Zepto is in talks to raise $100-150 million (Rs 840-1,260 crore) from domestic family offices and high-net-worth individuals at ......

Regulatory reform could hasten homecoming of IPO-bound startups

TMT

10 October, 2024

Regulatory reform could hasten homecoming of IPO-bound startups

India's scrapping of a time-consuming compliance step will accelerate the pace at which Indian startups domiciled abroad shift back home to ......

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Grapevine: PhysicsWallah eyes fresh funding; Zepto, HDB Financial plan IPOs

General

09 September, 2024

Grapevine: PhysicsWallah eyes fresh funding; Zepto, HDB Financial plan IPOs

PhysicsWallah is close to finalising a $150 million (nearly Rs 1,260 crore) funding round, led by Asian hedge fund Hornbill Orchid, ......