Tag: swiggy
B2B seafood marketplace Captain Fresh withdraws IPO papers
Accel and Prosus-backed business-to-business (B2B) seafood marketplace Captain Fresh has withdrawn its draft papers for an initial public offering (IPO). The papers have been withdrawn…
Gig, delivery workers call for all-India strike on Christmas Day, New Year’s Eve| Business News
Associations representing gig workers in India have called for an all-India strike on Christmas Day and New Year’s Eve—two of the busiest days of the…
WorkIndia raises Rs 97 crore in round led by Aavishkaar Capital
WorkIndia, a recruitment platform for blue- and grey-collar workers, has raised Rs 97 crore in its latest funding round led by Aavishkaar Capital. Beenext Capital…
From earnings to execution: How fundamentals are shaping new-age stock performance
In the short run, the market is a voting machine, but in the long run, it is a weighing machine, wrote Warren Buffett’s mentor Benjamin…
India’s quick-commerce bubble may be close to bursting, Blinkit CEO warns| Business News
India’s quick-commerce sector is hurtling towards a shakeout, Blinkit’s Chief Executive Officer Albinder Dhindsa said, while maintaining that his company would survive and thrive. Blinkit,…
Swiggy shareholders approve delivery company’s plan to raise Rs 10,000 crore via QIP
Shareholders of food and grocery delivery company Swiggy have approved its plan to raise Rs 10,000 crore via a qualified institutional placement, according to a…
Organic Harvest founder ventures out again with Rasa
Rahul Agarwal, founder of the beauty brand Organic Harvest who exited after the Good Glamm Group acquired a majority stake, has launched a new venture,…
Swiggy QIP likely next week to give Instamart firepower against Zepto, Blinkit| Business News
Swiggy Ltd. is preparing to raise as much as ₹10,000 crore via a qualified institutional placement next week, in what can be seen as a…
Lenskart revenue grows 21% in Q2; net profit rises at similar clip as margins improve
Omnichannel eyewear retailer Lenskart, which listed on the bourses on November 10, has reported its first quarterly results as a public company clocking 21% year-on-year…
Quick commerce ups gig rider onboarding, monthly base accelerates 70-80%
Aggressive scale-up and fast growth have prompted quick commerce platforms to step up the onboarding of last-mile delivery workers, according to industry executives and staffing…