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SWIGGY IPO NEWS
Kuku FM readies public market debut; SoftBank books Lenskart gainsKuku FM's parent has taken the first step towards a stock market listing. This and more in today's ETtech Top 5.
Zepto shares crash 30% in unlisted market despite Sebi nod for IPO. What's cooking?Zepto’s unlisted shares have dropped sharply despite Sebi approval for its IPO, signalling investor caution in a volatile market. The decli...
Swiggy CEO on quick commerce space; India’s data centre surgeIn an interview, Swiggy group CEO Sriharsha Majety explained the outlook for the quick commerce industry and the shareholder vote hurdle, a...
ETtech Interview | Quick commerce industry unlikely to sustain as many players as today: Swiggy's Sriharsha MajetySwiggy CEO Sriharsha Majety believes the quick commerce market is overpopulated and prioritises long-term economics over market share battl...
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...
Swiggy’s shareholder setback; Walmart’s Flipkart pushHappy Friday! Swiggy’s move to become an Indian-owned company hit a setback after the shareholder vote fell short. This and more in today’s...
Gig workers' incentives cool; YC attendees resell AI creditsHappy Tuesday! Despite a shortage of delivery workers, payouts for gig riders have increased only slightly this summer. This and more in to...
Ex-Peak XV trio raises Mettle; Fintechs go licence huntingHappy Thursday! Three former Peak XV MDs, who abruptly left the VC firm, are launching Mettle Capital to back Indian startups. This and mor...
Jio revamps mega IPO; DailyObjects lines up fresh capitalReliance Industries is revamping Jio Platforms’ IPO plans amid investor disagreements over valuation. This and more in today's ETtech Top 5.
Swiggy, Urban Company report Q4 losses; Zepto gets IPO nodNew-age companies Swiggy and Urban Company closed the March quarter in the red, even as revenues surged. This and more in today's ETtech To...
Zepto gets Sebi nod for IPO; issue size pegged at Rs 8,000-9,000 crore: sourcesQuick commerce firm Zepto has secured Sebi's nod for its initial public offering, paving the way for an updated draft prospectus in the nex...
Amazon CEO on Now growth; Big Tech dials up AI spendIn India’s hypercompetitive quick commerce space, Amazon CEO Andy Jassy said Now is growing fast. This and more in today’s ETtech Top 5.
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.
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.
Oracle cuts 20% of India staff; War jitters stall fintech IPOsHappy Thursday! Oracle’s global job cuts have impacted 10,000 employees in India. This and more in today’s ETtech Morning Dispatch.
Swiggy IPO: GMP at 5% in unlisted market 3 days ahead of issue openingSwiggy is serving the IPO at a lower valuation of $11.3 billion as against its earlier target of around $15 billion. The valuations were re...
Food delivery firm Swiggy restarts IPO plans, aims for 2024 listing: ReportBut as global and Indian markets have rebounded, Swiggy has restarted its IPO planning by inviting eight investment banks to make pitches i...