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ZOMATO QIP
No governance issue with shareholder resolution, will hold revote soon: Swiggy group CEO Sriharsha MajetySwiggy shareholder resolution revote: The resolution sought to amend Swiggy’s articles of association as part of a broader push to become a...- Intense quick commerce competition ahead? UBS cuts Eternal, Swiggy’s target prices but sees attractive valuationsUBS reduced its FY27-29 quick commerce NOV estimates by 7-11% for Blinkit, and GOV estimates by 17-22% for Instamart.
- Zomato takes a 'jab' at Deepinder Goyal's 'chief of staff' role, says 'no need to pay us Rs 20 lakh' for new offerZomato announced a special weekend offer for its Gold membership, allowing users to subscribe for six months at just ₹30, a dig at CEO Deep...
- ETtech Deals Digest: Startups raise $2.13 billion in November, up 313% on-yearThe funds were raised through 87 rounds, compared to 86 in October. During the week of November 23 to 29, startups raised around $1.2 billi...
- Zomato raises Rs 8,500 crore; subsidy package for electronicsZomato has closed its Rs 8,500 crore qualified institutional placement (QIP) mainly from domestic investors. This and more in today’s ETtec...
- Zomato raises Rs 8,500 crore via QIP, Motilal Oswal emerges as biggest domestic investorZomato raised Rs 8,500 crore through QIP by issuing and allotting 33 crore equity shares at an issue price of Rs 252.62 per share. The comp...
- Zomato closes QIP, Motilal Oswal, ICICI Pru and HDFC Mutual Fund leadZomato QIP which opened on November 25 saw participation from a clutch of domestic investors like Motilal Oswal, ICICI Prudential, and HDFC...
- Zomato completes Rs 8,500 crore QIP at Rs 252.62 per shareZomato raised Rs 8,500 crore via QIP, allocating 33.65 crore shares. Funds will support Blinkit expansion, dark stores, and marketing. CEO ...
- Zomato's QIP pricing; qcomm’s bulk ordersHappy Tuesday! Zomato opened its much-talked about qualified institutional placement which expects to rack up Rs 8,500 crore as the quick c...
- Zomato shares in focus as QIP launches with floor price set at Rs 265.91 per shareZomato share price: Zomato launches a QIP to raise funds. The company aims to expand Blinkit's footprint. Zomato plans to increase dark sto...
- Zomato CEO Deepinder Goyal extends salary waiver till 2026Goyal had previously waived his salary for 36 months, beginning April 1, 2021, as outlined in the food delivery giant’s FY24 annual report....
- Zomato launches QIP; sets floor price at Rs 265.91 per shareGurugram-based Zomato had announced the plan to raise fresh capital last month, at a time when the rapidly growing quick commerce industry ...
- Zomato shareholders approve Rs 8,500 crore QIP planZomato shareholders have overwhelmingly approved a plan to raise ₹8,500 crore ($1 billion) through a new share sale. The move aims to bolst...
- Zomato shareholders approve Rs 8,500 crore QIP plan as quick commerce competition heats upZomato had announced the plan to raise fresh capital last month - at a time when the rapidly growing quick commerce industry is becoming in...
- Zomato to raise Rs 8,500 crore via QIP to fight quick commerce competitionThis qualified institutional placement (QIP) will be the first fundraising by Zomato since its initial public offering in July 2021.
- Zomato’s $1-billion fundraise; Paytm’s first quarterly profitZomato is planning to raise Rs 8,500 crore via the QIP route to take on the competition in the quick commerce stakes. This and more in toda...
- Zomato picks up 8% stake in kitchen appliances startup ByondnxtEarlier in March 2022, Zomato paid $5 million for a 16.66% stake in Mukunda Food founded by Eashwar Vikas, who also founded Byondnxt. Mukun...
- Zomato board approves Rs 8,500 crore fundraising plan via QIPThe company unveiled its QIP plan alongside its Q2FY25 earnings, where the food delivery platform reported a 389% increase in consolidated ...
- Zomato shares dip 5% amid fundraise plans via QIPZomato Share Price: Shares of Zomato dropped by 5.4% after the company announced a fund-raising plan through issuing equity shares. The com...
- Zomato board to consider fundraising via QIP on October 22Zomato's board is scheduled to meet on October 22 to discuss raising funds through a qualified institutions placement (QIP) and to announce...
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