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ZOMATO SOVEREIGN FUNDS
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 ...- Razorpay eyes IPO; Sarvam's $1.5 billion leapHappy Monday! Razorpay is planning an IPO at a lower valuation than its $7.5 billion peak. This and more in today's ETtech Morning Dispatch.
- Zomato’s tax trouble; Bluestone’s IPO valuationHappy Friday! Zomato has received a tax demand notice from GST authorities. This and more in today’s ETtech Morning Dispatch.
- Swiggy IPO gets bids worth $15 billion from big investors like Norges, Fidelity: ReportBig investors such as Norges and Fidelity have placed over $15 billion in bids for Swiggy's upcoming India IPO valued at $1.35 billion. Thi...
- Rebel Foods posts rise in FY24 revenue to Rs 1,420 crore, trims lossesRebel Foods cut its losses by 42%, bringing it to Rs 378 crore in fiscal year 2024, down from Rs 656 crore a year ago. This comes days afte...
- Kuwait, Singapore sovereign funds place orders for Zomato shareFood delivery platform Zomato has seen large sovereign investors from jurisdictions such as Kuwait and Singapore raising their stakes in th...
- Eruditus plans India flip; Ayodhya boost for spiritual appsIndian IT majors are eyeing upcoming US federal contracts as several large deals are set for renewal in the next two quarters. While it is ...
- Zomato offers to acquire Shiprocket for $2 billion: reportZomato has proposed to acquire the company for about $2 billion, the report said, adding that no final decision has been made.
- Zomato loses 2% as firm completes Shiprocket acquisitionLast week, reports said that Shiprocket, a logistics aggregator, is closing $185 million (Rs 1,380 crore) in a Series E funding round co-le...
- Shiprocket closing $185 million funding led by Zomato, Temasek and LightrockThe company did not share the expected valuation after the funding round, but people briefed on the matter said it would be $900-950 millio...
- 'No conflict of interest', Deepinder Goyal says, on Zomato's investment in ShiprocketZomato founder and chief executive Deepinder Goyal said he exited his personal investment in Shiprocket at zero profit before his company i...
- FOMO drives top equity funds to go beyond brief to make a quick buckZomato raised over Rs 4,000 crore from more than 180 institutional investors, which include marquee sovereign wealth funds, foreign institu...
- Success spelt by big startup listingsFood delivery firm Zomato, fintech Paytm, etailer Nykaa and ecommerce logistics firm Delhivery feature in the list of companies to make the...
- Zomato closes $250 million funding round at $5.4 billion valuationZomato has benefited from a revival in the online food ordering sector after a few tough months last year due to the nationwide lockdown, i...
- Swiggy in talks to close $700-800 million funding roundSwiggy's latest funding round, if successful, would peg the foodtech startup's post-money valuation at around $5 billion. Rival Zomato, mea...
- ETtech Deals Digest: Razorpay, Zomato, Ninjacart raise funds this weekA quick look at this week's most important investments in the tech and startup space.
- Tiger & Kora in $250 million Zomato funding roundFor Zomato, the new round of financing comes amid uncertainty surrounding the India strategy of its prominent backer - China's Ant Financial
- Ant Financial may lead $600 million funding in ZomatoLast week, Zomato said its revenue for the first half of the ongoing financial year jumped more than three-fold to $205 million, compared w...
- Swiggy in talks to raise up to $500 million, valuation may hit $2.5 billionThis will be Swiggy’s third round of funding this year as its rivalry with Ant Financial-backed Zomato escalates.
- Zomato plans for aggressive investments in food delivery, cloud kitchensThe move comes as Zomato looks to raise a new funding round after significantly increasing its net revenue and cutting burn rate over the p...
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