Tag: swiggy
Lenskart shares seesaw on debut: Here’s how new-age stocks fared on Day 1
Peyush Bansal’s Lenskart had a rocky start when its shares listed on the exchanges on Monday. The counter opened at a 3% discount on the…
Swiggy’s board approves Rs 10,000-crore fundraise via QIP
Synopsis Food and grocery delivery firm Swiggy’s board has approved a proposal to raise Rs 10,000 crore through a qualified institutional placement. The company will…
TVS Motor to divest Rapido stake to Accel, Prosus for Rs 288 crore
Two-wheeler maker TVS Motor Company said Thursday that it will divest its shares in urban mobility startup Rapido to venture capital firm Accel and Dutch…
Zepto may file draft IPO papers this month; eyes $450-500 million fundraise from public markets
Quick commerce firm Zepto is once again preparing to file draft documents for an initial public offering, reviving the listing plans it had put on…
ET Startup Awards 2025: Sneakers, desi brands step into the red carpet
Amid a sea of navy blazers and black bomber jackets, the sneaker always wins. Once again, they were the fashion MVPs of The Economic Times…
ET Startup Awards 2025: We don’t see a duopoly in food delivery — Rapido’s Aravind Sanka
Rapido cofounder Aravind Sanka denied the existence of a duopoly in the food delivery business, saying the company eyes an opportunity in the space. “We…
Don’t want to chase volume growth at cost of poor AOV, says Swiggy’s Majety
Swiggy will play the long game, focussing on growth and profitability, founder and group CEO Sriharsha Majety said during the company’s post-earnings call, as competition…
Don’t want to chase volume growth at cost of poor AOV, says Swiggy’s Majety
Swiggy will play the long game, focussing on growth and profitability, founder and group CEO Sriharsha Majety said during the company’s post-earnings call, as competition…
Swiggy mulls up to $1.5 billion fundraise for balance sheet boost
Food and groceries delivery company Swiggy is exploring a qualified institutional placement (QIP) of up to $1.5 billion to strengthen its balance sheet and bolster…
Accel, Prosus team up for early-stage investments in India
Dutch technology investor Prosus and US-based venture capital firm Accel have entered into a partnership to co-invest in early-stage Indian startups across areas such as…