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NCLT nod for Zepto parent’s merger with Singapore unitZepto’s domicile flip to India will formally complete within the next 30 days, a person aware of the matter said, adding that this was one ...
Zepto aims for March-April IPO filing after India shiftZepto plans to file for an IPO around March-April 2024 after securing approval to move its holding entity to India from Singapore. The Nati...
Zepto plans IPO filing by March-April; Singapore nod in for moving domicileZepto is preparing to file for an IPO by March-April 2025 and has received approval to move its holding entity from Singapore to India. The...
Top startup and tech stories this weekWelcome to a new edition of ETtech Unwrapped – our weekend newsletter packed with the most important stories this week. Let’s take a look.
Paytm to add Rs 2,364 crore to its kitty through sale of PayPay sharesOn Saturday, in a stock exchange filing, the Noida-based fintech announced that the shares will be transferred to SoftBank Vision Fund 2. T...
Paytm Parent to sell 5.4% stake in Japan company PayPay to SoftBankPaytm's parent company, One97 Communications, is selling its 5.4% stake in Japanese payment firm PayPay to SoftBank for approximately $280 ...
BookMyShow’s business story gets Zomato’s Paytm plot twistBookMyShow may face strong competition from Zomato after its acquisition of Paytm's ticketing business. Zomato plans to leverage its custom...
Ecommerce sellers count on cash-flow gains from GST cutRecommendations by the GST council aim to benefit suppliers on online platforms and real money gaming firms through tax changes, including ...
Zomato shares fall 4% as Ant likely sells Rs 3,000 crore worth stake in block dealZomato shares fell 3.6% on BSE after Ant Financial, an Alibaba-affiliate, sold a 2% stake at a 5% discount. CLSA revised target price for Z...
Zomato sitting on Rs 12,000 crore cash pile but no buyback or dividend till FY25This was the third consecutive quarter of increase in Zomato's cash balance as well as quarterly profit. In Q3, its PAT rose nearly 4x (283...
Paytm faces another reckoning after $10 billion selloffStocks often fall after lock-ups expire, as investor selling puts downward pressure on shares. It’s not immediately clear what the sale str...
GST reform still a work in progressMandating food service aggregators such as Zomato and Swiggy to collect tax from the customer and pay it directly to the government from Ja...
Long & Short of Markets: The billion dollar question about Zomato's true value; should you avoid telecom stocks?What’s the true value of Zomato shares? Even valuation guru Aswath Damodaran can’t answer this question with one answer! He has the worst a...
Zomato makes it official, no respite for TwitterIn today's ETtech Top 5 newsletter: All the details of Zomato's IPO; Twitter aims to file its first monthly transparency report under India...
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...
As countdown begins for Zomato IPO, a Rs 14,000 crore question loomsIn its draft red herring prospectus, Zomato proposes to utilise 75 per cent of the Rs 7,500 crore IPO proceeds for tapping organic and inor...
Swiggy's war chest against ZomatoFrom Swiggy and Meesho landing new funds, Byju's making its largest-ever acquisition and restaurants bracing for another round of lockdowns...