Tag: swiggy
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…
Festive binge: Swiggy, Magicpin see spike in food delivery orders
As India revels in the spirit of the festive season, food delivery platforms Swiggy and Magicpin have reported a massive surge in orders, highlighting how…
Quick delivery of gold, silver coins on the rise this Dhanteras
Quick commerce platforms are witnessing a sharp uptick in gold and silver coin sales this Dhanteras, with half-gram to 10-gram coins now available for ultra-fast…