Swiggy
General
Grapevine: Swiggy shortlists bankers for IPO; Tata weighs sale of Voltas home appliance biz
SoftBank-backed food delivery platform Swiggy has likely shortlisted seven investment banks to prepare for its initial public offering that it may float next year, ......
General
Grapevine: Tiger Global-backed Groyyo to shut trading biz; Big FM gets two bids
Business-to-business manufacturing and automation startup Groyyo is likely to wind down its trading vertical in coming months, a media report said. Groyyo’s venture capital backers ......
TMT
Swiggy gets a valuation jump, still way below its peak
Food delivery unicorn Swiggy finally has good news in its corner, after facing a series of valuation cuts through the ......
TMT
Swiggy looking at public debut next year
Swiggy, the Softbank-backed food delivery company, is eyeing a 2024 stock market listing and has initiated talks with bankers to ......
People
Swiggy, Byju's backer Prosus splits food, edtech investment teams
Prosus Ventures, formerly Naspers, an early-stage and growth investor in privately held companies, has split its food delivery and edtech ......
TMT
Swiggy valuation cut again, now less than half its peak $10.7 bn tag
A US-based public markets investor has again cut its estimate of Indian food delivery unicorn Swiggy's valuation even as the ......
Consumer
Swiggy enters retail distribution market with Lynk acquisition
Food and groceries delivery aggregator Swiggy on Thursday said it will buy Lynk Logistics, a retail distribution company from listed ......
TMT
Prosus writes off ZestMoney investment; highlights Swiggy's slowing growth
Netherlands-based tech investor Prosus, which has pumped close to $9 billion in Indian companies, has marked down its $38 million ......
General
Grapevine: True North, Prosus explore exits; Olx shuts India auto classifieds biz
Britain-based health insurance player Bupa is in discussions with private equity player True North to buy a pie of the ......
TMT
Swiggy's food delivery biz turns profitable, excluding ESOP costs: CEO
Foodtech unicorn Swiggy on Thursday said its food delivery business, which accounts for the majority of its revenue, has turned ......
