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SWIGGY IPO ANALYSIS
Lenskart block deal; Meesho's kirana pushLenskart has drawn fresh interest from major institutional investors. This and more in today's ETtech Top 5.
The accounting trick used by companies to make a weak balance sheet look strongIn one recent case, a large investment sat comfortably under equity until the auditor read the shareholders' agreement, found a buyback cla...
Swiggy sees FII, mutual fund buying for third consecutive quarter. Time to buy the dip?Swiggy has seen consistent stake increases from FIIs and mutual funds for the third straight quarter, signalling institutional confidence d...
TCS-TPG $2 billion data centre bet; Tata Digital layoffsIT major TCS has struck a multi-billion-dollar JV to build data centres in India. This and more in today’s ETtech Top 5.
Startup IPOs deliver only 36% long-term return for investors: ReportA Client Associates report reveals mixed outcomes for new-age tech IPO investors. Pre-IPO investments showed strong returns, averaging 43%,...
Prosus manages $6.5 billion in Indian tech assets, eyes more IPO exitsSpeaking at the firm’s Capital Markets Day event in London, Sharma noted that Prosus’ India portfolio is “loosely coupled,” allowing invest...
Swiggy shares on Rs 60,000 crore crash diet. Will investors get a cheat meal soon?Swiggy's shares have plunged 43% from their peak, amid rising cash burns and fierce competition in the quick commerce segment, along with a...
Hit and miss in 2024, but what's the future for India's Rs 8,000 crore-plus IPOsThe Indian IPO market witnessed large-scale issues this year, with mixed results. Hyundai's IPO underperformed, while Swiggy and NTPC Green...
Zomato becomes first new-age tech firm to join Sensex: what’s the significance?Zomato's inclusion in the 30-stock benchmark index is driven by a remarkable rally in its stock. Shares of the Deepinder Goyal-led company ...
IPO afterparty of 2024 a dull affair with every second stock in redThe IPO activity in 2024 saw numerous companies debuting with strong investor interest, but nearly half are trading below their listing pri...
Swiggy's market debut: how new-age companies fared on Day 1This year has seen some of the biggest initial public offerings (IPOs) by technology companies such as Ola Electric, FirstCry and Awfis. Sw...
NTPC Green IPO proceeds will be used to meet capex needs; no OFS component: ManagementNTPC Green Energy is set to launch its IPO. The company plans to raise Rs 10,000 crore. The IPO proceeds will fund ongoing and future green...
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Swiggy IPO subscribed 3.59 times on final day of bidding; check GMP and key detailsSwiggy launched its IPO with a reduced valuation of $11.3 billion, down from its initial target of approximately $15 billion. Through this ...
Swiggy IPO sees muted response, subscribed only 35% on Day 2. GMP declines to 1%Swiggy IPO: Swiggy launched its IPO at a reduced valuation of $11.3 billion, down from its earlier target of approximately $15 billion. The...
New-age tech companies face an unforgiving market after grand IPOs. What lies ahead for Swiggy?New-age tech companies in India, despite grand IPOs, are facing a harsh reality in the stock market. Many, including Paytm and Nykaa, have ...
Amazon’s q-comm move; green shoots for IT sectorHappy Monday! Amazon wants to catch up in the quick commerce race. We have a Monday AM scoop on the latest from the US ecommerce major in t...
Will there be a move away from Zomato when Swiggy lists? Rahul Jain explainsRahul Jain discusses potential impact of Swiggy IPO on competitive landscape, Zomato valuation, and quick commerce sector dynamics. Anticip...
No spending freeze at startups; Swiggy, PharmEasy FY23 report cardTop internet firms didn’t let a ‘funding winter’ dampen their urge to spend in the last fiscal, an ET analysis found. Details of this and m...
Biryani ordered more than once in every second while home-cooked food most ferried item on Swiggy Genie in 2020Swiggy also delivered over two lakh pani puri orders post-lockdown