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Swiggy CEO Sriharsha Majety vows to stay out of Amazon-Ambani spending warSwiggy is prioritizing profitability over rapid expansion. The company will not match rivals like Flipkart and Reliance Retail's aggressive...
Shadowfax IPO to open next week, targets valuation of Rs 7,400 crLogistics services provider Shadowfax is set to launch its Rs 1,900-crore initial public offering (IPO) next week, targeting a valuation of...
Temasek, top funds bid in Swiggy’s $1.1 billion share saleGlobal investors including Temasek and Capital Group, along with major Indian asset managers such as SBI MF, ICICI Prudential, and HDFC AMC...
India’s IPO fundraising hits record as investor demand swellsIndia’s IPO market has hit an all-time high of ₹1.77 trillion as firms tap strong retail participation and steady institutional demand. Des...
Singapore's GIC gets CCI nod to acquire minority stake in GrowwFair trade regulator CCI on Tuesday cleared Singapore's sovereign wealth fund GIC's proposed acquisition of a 2.14 per cent stake in IPO-bo...
Reverse flipping by Indian startups gathers steam: Here’s all you need to knowBetter listing prospects and easier legal formalities are seeing many Indian startups change domicile to India from overseas. Here's a look...
Cashback and coupons platform CashKaro raises Rs 130 crore in fundingCashKaro has, including the latest round, raised over Rs 255 crore from investors including Kalaari Capital, Ratan Tata, emeritus chairman ...
PhonePe shifts headquarters from Singapore to IndiaThe fintech firm has moved businesses and subsidiaries of PhonePe Singapore, including its insurance broking services and wealth broking se...
Sebi begins hiring drive ahead of LIC IPO, to recruit 120 execs in 4 monthsThe regulator will be recruiting experienced officials across legal, information technology, research, general and official language depart...
Snapdeal files IPO papers to raise Rs 1,250 croreSnapdeal's IPO consists of a fresh issue of shares worth Rs 1,250 crore and an offer for sale of 30.77 million shares, according to its dra...
Ola picks banks for $1 billion IPO, may file papers in OctoberThe 11-year-old Ola would be joining a strong pipeline of Indian startups that are ready to tap the IPO market in the coming months.
Flipkart CEO Kalyan Krishnamurthy meets FM Nirmala SitharamanWhile details of the meeting were not shared, sources said the top executive informed the minister of the company's engagement with sellers...
Canada Pension Plan Investment Board invests $800 million in Flipkart GroupThis is part of a larger USD 3.6 billion funding raised by the homegrown e-commerce major.
Flipkart in talks to raise $3 bln from SoftBank, others: ReportThe startup is aiming for a valuation of about $40 billion and is in talks with Singapore's GIC Pte., Canada Pension Plan Investment Board ...
Flipkart is said in talks to raise $3 billion from SoftBank, othersFlipkart is aiming for a valuation of about $40 billion with the fresh round of funding, which if fructifies would see SoftBank return to t...
Delhi HC stays tax assessment proceedings against Tiger Global on Flipkart-Walmart dealThe Delhi High Court has issued notice to income tax authorities for filing a response within 10 weeks, and will hear the matter next on Ja...
Tiger Global moves High Court seeking stay against Flipkart-Walmart deal tax rulingAccording to people familiar with the matter, Tiger Global International IV Holdings has filed an appeal in the Delhi High Court where it h...
Chinese gaming and social media group Tencent puts $ 63mn in Flipkart's $1.2 bn roundChinese gaming and social media group Tencent has invested $62.8 million in Flipkart's $1.2 billion round, regulatory filings in Singapore ...
SoftBank records $1.4 billion loss from India investmentsSoftBank is the largest private investor in India's startup ecosystem. The Masayoshi Son-led giant has pumped in over $2 billion here till ...
Amazon eyeing majority stake in logistic firm Blue DartAmazon is learnt to be in preliminary talks with Blue Dart. At current market prices, a 75% stake in Blue Dart would cost $2 billion .