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ZOMATO SHARE SALE
Rapido's early backers look to sell shares worth Rs 100 croreAngel investors are offloading Rapido shares worth Rs 100 crore as part of a larger $730 million funding round. Swiggy, an early investor, ...- Electric two-wheeler sales cross 150,000 in May amid fuel price riseThe recovery comes after a 22% month-on-month fall in April from a record 192000 units in March, when automakers used aggressive discounts,...
- India's electric scooter market regains charge after April slowdownIndia's electric two-wheeler market saw a strong rebound in May. Registrations rose significantly, recovering from a dip in April. Major pl...
- 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...
- Zepto planning to file papers for $1 billion IPO in June: ReportZepto is preparing for a potential $1 billion IPO, with a public filing expected in June and launch targeted for July. The quick-commerce f...
- Why market rallied today? Sensex jumps 1,074 points, Nifty closes above 24,000. 5 factors behind surgeIndian stock markets surged on Monday, with Sensex and Nifty rallying over 1% each, driven by rising hopes of a US-Iran peace deal and fall...
- Peak XV, YC and Ribbit pocket up to 94x returns from Groww stake sales as IPO lock-in endsGroww's early investors have sold shares after their IPO lock-in period ended. This move has generated massive returns for firms like Peak ...
- Zepto, Dhoot Transmission among 6 companies to secure Sebi's nod for IPOAs many as six companies, including quick commerce unicorn Zepto and auto components manufacturer Dhoot Transmission, have secured Sebi's a...
- New-age B-school report highlights strong startup placements and early offersMesa School of Business, a startup-focused, AI-first institution backed by Elevation Capital, has released independently audited placement ...
- Eternal Q4 revenue, profit surge on Blinkit boostEternal, which runs Zomato and Blinkit, saw its March quarter revenue surge threefold and net profit rise 4.5 times. Quick commerce margins...
- Eternal Q4 pops; Snabbit's new war chestZomato and Blinkit parent Eternal reported strong numbers for the March quarter. This and more in today's ETtech Top 5.
- Inside AI-led digital storefronts; Lalit Keshre’s big ET Awards winHappy Monday! Digital platforms and brands are building their own AI storefronts. This and more in today’s ETtech Morning Dispatch.
- Zomato shares plunge over 7% on PAT fall, food business slowdownZomato reported a 57% drop in December quarter net profit to Rs 59 crore, down from Rs 138 crore a year ago. Sequentially, PAT fell 66% fro...
- Zomato shares plunge over 7% on PAT fall, food business slowdownZomato reported a 57% drop in December quarter net profit to Rs 59 crore, down from Rs 138 crore a year ago. Sequentially, PAT fell 66% fro...
- Swiggy ups primary fundraise to Rs 4,499 crore in IPO, cuts secondary share saleProsus–the largest investor in Swiggy–has decreased the size of its divestment in the Bengaluru-based firm to 109.1 million shares as again...
- Ant Financial likely to sell 2% stake in Zomato for Rs 2,800 crore via block deal: ReportIt plans to sell 176.4 million shares of Zomato that could fetch around Rs 2,810 crore, reports said. The floor price for the stake sale is...
- Zomato block deal alert: Alipay said to have sold 29 crore shares; stock up 4%Alipay, owned by Ant Group, was looking to offload its entire 3.44% stake in Zomato, according to reports. A confirmation will come only in...
- Zomato block deal: SoftBank reportedly sells 1.09% stake worth Rs 1,000 croreSoftBank, through its affiliate SVF Growth Singapore Pte, has sold a 1.09% equity stake in Zomato in a bulk deal worth Rs 1,040.5 crore. Th...
- Zomato shares jump 5% as 1.16% equity traded via block deal; SoftBank likely sellerSoftBank’s sale of Zomato shares follows the complete exit of the New York-based Tiger Global from the company. Tiger sold 1.44% stake, or ...
- Zomato stock: Undisclosed shareholder to sell 61 crore shares in block deal tomorrowShares of Zomato ended 20 per cent higher at Rs 55.60 today. The stock has lost over 60 per cent of its market value in the tech sell-off o...
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