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ZOMATO STAKE INCREASE
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...- SoftBank logs $600 million paper loss on India-listed portfolio in March quarterSoftBank's Indian investments faced a significant downturn in the January-March quarter. Several prominent companies like Swiggy and Ola El...
- 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 ...
- Unfazed by 670X P/E, retail investors add Eternal on dips for 2nd quarter as stock trades 30% off peakRetail investors are showing confidence in Eternal, a food delivery and quick commerce firm. They are buying its shares on price dips, unde...
- Valuation reset drives mutual fund inflows into listed new-age firms amid FPI selloffMutual funds increased their stakes in new-age companies during the March quarter, despite falling share prices and overall portfolio value...
- Paradise Biryani plans ₹100-crore fundraiseParadise Biryani plans to raise ₹100 crore. This funding will fuel aggressive expansion. The iconic Hyderabadi brand aims to open 100 new o...
- Info Edge commits Rs 250 crore to deeptech fund; sells Shopkirana stakeInfo Edge, which was an early investor in Zomato, said the fund will be sponsored and managed by Info Edge’s subsidiary Smartweb Internet S...
- Domestic mutual funds beef up exposure to new-age startups, hold $8 billion in 12 stocksOn the back of a new-age IPO wave and the broader rise in stock markets, domestic mutual funds now hold stocks worth over $8 billion, or ar...
- Zomato shares fall 2% after Antfin Singapore likely offloads 2% stake via block dealZomato Share Price: Shares of food aggregator Zomato dropped 2% to a day's low of Rs 257.10 on the BSE in the early trading session followi...
- Deepinder Goyal becomes India's newest billionaire after Zomato's multibagger rallyThe 41-year-old Goyal, who studied Mathematics and Computing at IIT Delhi, owns about 36.95 crore shares in Zomato. The new-age stock zoome...
- 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...
- 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.
- New-age tech stocks remain in MFs’ shopping list in Q2, even as FIIs turned their backMutual funds increased their stake in Delhivery, FSN E-Commerce Ventures, One97 Communications, PB Fintech, and Zomato in the last quarter,...
- FIIs vs MFs: How the big boys are dealing with Paytm & other new-age stocksAn analysis of the latest shareholding pattern of the new-age companies shows that domestic fund houses increased their ownership in Nykaa ...
- Temasek picks up 1.1% stake in Zomato for Rs 608 croreThe Singapore-based global investment company owned 2.86% in Zomato via another investment arm Macritchie Investments at the end of Septemb...
- Zomato hits all-time low, wipes out half of investor wealth in first 4 months of 2022The food delivery platform has wiped out almost half of the investors wealth in 2022 so far. The scrip has dropped about 12 per cent in the...
- Zomato and Blinkit likely to merge in share-swap dealWhile the contours of the deal are being finalised, it is expected that shareholders of Zomato would get 10 Blinkit shares for each held in...
- 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 $...
- Info Edge may not participate in Zomato’s future fundraising plans due to its high valuationInfo Edge, which also owns jobs listing website Naukri and online property search firm 99acres, is the largest shareholder in Zomato with a...
- Zomato likely to raise fresh funding of $80 millionZomato aims to recruit more people & expand biz in two continents, including in US where it will battle Yelp, one of world’s largest restau...
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