Searched for
SWIGGY OWNERSHIP SHIFT
Slice’s big valuation cut; Betting networks under lensSlice Small Finance Bank has raised fresh funding at less than half its previous valuation. This and more in today's ETtech Top 5.
Crorepati investors touch record Rs 10 lakh crore milestone. Which stocks are making them richer?HNIs’ holdings in NSE-listed stocks surged 22.55% QoQ to a record Rs 9.92 lakh crore by June-end, adding Rs 1.83 lakh crore in three months...
'Desi' Swiggy bets on Instamart model shift, mirroring main rival BlinkitSwiggy's Instamart will adopt an inventory model after shareholder approval for India-owned status. This change allows Instamart to potenti...
Swiggy to see $400 million outflows after Indian-owned status? Jefferies explains whySwiggy is moving closer to becoming an Indian-owned and controlled company (IOCC), a move that could enable an inventory-led model for Inst...
Post Chandrasekaran, the head that wears the Tata crown won't rest easyAs N. Chandras ekaran prepares to step down, Tata Sons faces a pivotal succession dilemma. The new chairman will take the reins of iconic b...
Swiggy targets Rs 10,000 crore in annual adjusted Ebitda in five yearsSwiggy aims for ten thousand crore rupees adjusted Ebitda by fiscal year thirty-one. Its food delivery business will contribute five thousa...
Flipkart chief rules out IPO timeline; Infosys names new CEOHappy Friday! Flipkart group CEO Kalyan Krishnamurthy talked to us about IPO plans, quick commerce, and festive demand. That and more in to...
Infosys’ next CEO; Swiggy renews Indian-ownership bidInfosys announced on Thursday that company veteran Ashiss Kumar Dash will be the CEO from April 2027. This and more in today’s ETtech Top 5.
Swiggy board approves 49.5% foreign ownership cap, renews bid to become Indian-ownedThe cap will allow Swiggy to remain majority Indian-owned, which in turn, will enable it to transition to an inventory-led model. Swiggy's ...
Swiggy’s Indian control push; Cultfit’s big IPO swingSwiggy has inched closer to qualifying as an Indian-owned and controlled company. This and more in today's ETtech Top 5.
Swiggy becomes majority Indian-owned as foreign shareholding drops below 50%The shift is significant for the food delivery and quick commerce major. In May, its shareholders had failed to pass a resolution to classi...
ETtech Explainer: How Swiggy’s failed bid to become an Indian firm matters for InstamartSwiggy's bid to become an Indian-owned-and-controlled company (IOCC) has been delayed after shareholders failed to approve changes to its a...
Swiggy moves to become India-owned company, eyes fewer FDI restrictionsSwiggy has announced upcoming adjustments to its board nomination policies as part of its strategy to establish itself as an Indian owned a...
Swiggy mulls up to $1.5 billion fundraise for balance sheet boostWhile discussions with potential investors are still at an early stage, the size of the proposed Swiggy QIP, currently at $1 billion, could...
Swiggy's Instamart rejig; Smaller UPI firms gainHappy Thursday! Swiggy's recent move to restructure its Instamart business may be a step towards a larger pivot. This and more in today’s E...
Swiggy announces second tranche of $50 million optional Esop buyback at lowered valuationAbout 2,000 employees, including those who transitioned from Dineout after its acquisition by Swiggy, will be eligible for the second tranc...
EV financing startup Vidyut Tech raises $4 million in equity and debt fundingFollowing the funding, Vidyut Tech aims to partner with more EV makers and expand to more geographies. It will also double the headcount of...