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GROFERS IPO
SoftBank snags Rs 2,873 crore from Lenskart stake sale, clocking 7x returnSVF II Lightbulb Cayman, a SoftBank affiliate, sold 5.65 crore shares, or 3.25%, in Lenskart for Rs 2,873 crore through a block deal on Wed...- Zomato’s $500m bet on Grofers, Sebi's missive on IPO adsZomato, which has twice tested—and aborted—its own grocery delivery service since the start of the pandemic, is now in talks to invest up t...
- Karan Taurani on what Gaurav Gupta’s exit might mean for Zomato“Prima facie, this is mildly negative but of course the impact will be more medium term in terms of how things pan out. ”
- 'We listed in India so our customers could own a part of us'Zomato cofounder and chief executive Deepinder Goyal spoke to ET's Digbijay Mishra and Samidha Sharma on life after Zomato’s IPO, stiff com...
- Zomato IPO to launch on July 14. All the detailsThe Zomato IPO aims to raise Rs 9,375 crore by issuing shares in a price band of Rs 72-76 apiece, thus pegging the foodtech startup's valua...
- Zomato expects further revival in business after near 25% slump in FY21 revenueZomato’s revenue fell by nearly a quarter to Rs 1,994 crore in FY21, according to its IPO papers. But losses have narrowed—from Rs 2,363 cr...
- Zomato seeks CCI nod for about 10% stake in GrofersIPO-bound Zomato has filed a notification with the Competition Commission of India (CCI) to acquire a 9.3% stake in Grofers following its $...
- Grofers to turn unicorn with Zomato fundsTiger Global, investor in both Zomato and Grofers, will also participate in the $120 million funding round. The companies had explored a po...
- Grofers set for unicorn clubFrom Grofers eyeing an entry to India's startup unicorn club to the rise of Thrasio-like startups and Twitter facing another FIR, here's a ...
- ETtech Exclusive: Zomato may invest $100 million in Grofers as e-grocer shelves US IPO planZomato's investment is likely part of a larger financing round and may value the Gurugram-based online grocery firm at around $1 billion
- Paytm shares IPO details, Twitter officials depose before panelFrom Paytm's IPO details to Grofers cofounder leaving the company and ShareChat's first ESOP buyback, here's a quick look at the top tech n...
- Grofers cofounder Saurabh Kumar exits amid funding talks with ZomatoSaurabh Kumar tells us he is looking forward to building more fun and exciting things ahead. “Some things are cooking. We will have to wait...
- Zomato reloadsIn today's ETtech Morning Dispatch: Zomato may invest in Grofers, India goes Dogecoin crazy and Government shuts real-time access to CoWin ...
- Scoop: Grofers in talks with Cantor Fitzgerald's SPAC for Nasdaq listingSoftBank Vision Fund-backed Grofers is expected to raise between $400 million and $500 million through the Nasdaq listing in May at a valua...
- SoftBank-backed Grofers weighs listing via US SPAC dealGrofers is weighing a plan to go public in the US through a merger with a special purpose acquisition company (SPAC) at a valuation of $1 b...
- Milkbasket plans to launch IPO next yearThe online grocery delivery segment has gained significant traction amid COVID-19 pandemic. Offline retailers, who have taken a major hit o...
- Milkbasket plans to launch IPO next year"Milkbasket has a near-perfect record of reaching growth targets since being founded in 2015.
- Grofers advances IPO lisiting target to 2021-endGrofers co-founder and CEO Albinder Dhindsa told PTI that the company started making operational profit in January and expects to become ca...
- Grofers loss widens to Rs 448 cr in FY19, co says on track to double GMV to Rs 5k cr in FY20Grofers, which competes with the likes of BigBasket as well as grocery verticals of e-commerce majors such as Flipkart and Amazon, saw its ...
- Grofers plans to double sales, focus on profitThe company is also gearing up to hit the capital market with IPO within the next three years.
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