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Customers will feast as Zepto to pour fuel into quick commerce fireZepto’s proposed Rs 9,500 cr ($1 billion) IPO could significantly intensify competition in India’s already crowded quick commerce market. T...
Zepto IPO: Founders Aadit Palicha, Kaivalya Vohra skip OFS as Nexus Ventures leads share saleZepto’s founders, Aadit Palicha and Kaivalya Vohra, will retain their stakes and not participate in the Rs 9,500 crore IPO’s offer-for-sale...
Zepto files updated papers for Rs 9,500 crore IPO; aims July listingQuick commerce firm Zepto has filed its updated draft prospectus for a significant $1 billion IPO with Indian regulators. The offering incl...
Zepto planning to file papers for $1 billion IPO in June: ReportZepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce f...
India seeks Mythos access; Eternal's strong Q4Happy Wednesday! India is in talks with Anthropic and the US government to give homegrown companies access to Mythos. This and more in toda...
Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
Tata Digital CEO on company's reset; Groww doubles net profit in Q4Happy Tuesday! Tata Digital CEO Sajith Sivanandan spoke to us exclusively about the ongoing restructuring at the company under him. This an...
Revamped Tata Neu to bet on loyalty, financial services: Tata Digital CEO Sajith SivanandanTata Digital is pivoting Tata Neu from a broad commerce aggregator to a loyalty-led financial services platform, focusing on payments, inve...
Jio preps May IPO; Wipro slips after resultsJio Platforms is edging towards a long-awaited IPO as markets wobble amid Iran tensions. This and more in today's ETtech Top 5.
TR Capital to deploy $1 billion in India secondaries; appoints Umang Agarwal as MDTR Capital will deploy $1 billion in India over the next five years, across consumer, financial services, and healthcare, while selectively...
BigBasket, 1mg founders plan transition; QED's Morris flags credit tighteningHappy Friday! BigBasket and 1mg founders are preparing to step back from day-to-day roles. This and more in today's ETtech Morning Dispatch.
Founder exits loom over BigBasket, 1mg as Tata Digital reset continuesBigbasket’s Hari Menon and Vipul Parekh are in the final stages of moving out amid the ongoing CEO search. Meanwhile, Prashant Tandon and G...
Tata Sons questions BigBasket’s qcomm lag, pushes for financial investor amid rivals' onslaughtTata Sons has pulled up its digital vertical for BigBasket’s sluggish response to the rapidly evolving quick commerce space, which has allo...
BigBasket, 1mg’s plans for capex; win for epharmacies in Madras HCTata’s online grocery BigBasket and epharmacy 1mg will largely depend on debt capital to fuel expansion this fiscal. More on this in today’...
Now, P2P lending players under RBI lens; BigBasket, Town Essentials tussle is backThe emerging peer-to-peer (P2P) lending industry is the latest to attract the attention of the Reserve Bank of India (RBI).
Tata’s Bigbasket eyes IPO by 2025 after $200 million fundraisingThe Bengaluru-based e-commerce firm, which is focusing on expanding its pan-India reach, may choose to launch an initial public offering in...
BigBasket looks to raise $200 million at up to $3.5 billion valuation“The company continues to grow 40% annually as projected earlier internally. This financial year ending March 2023, the company is expected...
Developments at Tata Digital; ride-hailing firms optimisticOur top story today is a round-up of some interesting and significant developments at Tata Digital -- specifically, its new acquisitions Bi...
BigBasket clocks 36% revenue growth in FY20BigBasket’s expenses rose from Rs 3,365 crore in FY19 to Rs 4,411 crore in FY20.
Tata closes in on BigBasket, 1mg to power super app planThe cash infusion is part of a $1.2 billion Tata-BigBasket deal, which will see the conglomerate acquire 60% stake in the online grocery fi...