Swiggy

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25 September, 2024

Grapevine: Swiggy, Hyundai, InCred in IPO news; Jupiter eyes SBM India

Swiggy has secured approval from Securities and Exchange Board of India (SEBI) for a confidential filing of draft ......

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16 September, 2024

Grapevine: Temasek nears VFS stake deal; LG Electronics taps banks for India IPO

Temasek Holdings Pte is nearing a deal to acquire a significant minority stake in VFS Global, valuing the visa ......

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10 September, 2024

Grapevine: Three firms make cut for Avendus; suitors line up for HUL ice-cream unit

Carlyle, Premji Invest, and Japan's Mizuho Financial Group are vying to acquire a controlling stake in Avendus ......

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06 September, 2024

Grapevine: Swiggy to focus on Instamart; US pension fund delegation in India

Swiggy will direct a large portion of the proceeds from its upcoming $1.25 billion (Rs 10,490 crore) initial public ......

TMT

04 September, 2024

Swiggy beats Zomato in food delivery race but lags in quick commerce

IPO-bound Swiggy’s consolidated revenue from operations increased nearly 36% to Rs 11,247 crore in the financial year ......

People

29 August, 2024

Swiggy hires Flipkart exec to lead quick commerce vertical Instamart

IPO-bound Swiggy has appointed Amitesh Jha as the chief executive of its quick commerce unit Instamart, ahead of the ......

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28 August, 2024

Grapevine: Fairfax, Bain eye API maker; ChrysCap nears deal for Belgian Waffle

Canadian billionaire Prem Watsa's Fairfax Group and Bain Capital are competing to acquire Vadodara-based API ......

Finance

23 August, 2024

SoftBank-backed Swiggy looking at $15 bn valuation for upcoming IPO

SoftBank-backed Indian food delivery giant Swiggy is targeting a valuation of around $15 billion for its upcoming stock ......

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22 July, 2024

Grapevine: Amazon in talks for Instamart deal; AM Green eyes Assam Bio, Chempolis Oy

Amazon India has approached Swiggy for a potential deal involving its quick commerce business, Instamart, a media ......

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TMT

16 July, 2024

Swiggy investor keeps valuation unchanged ahead of IPO as Zomato retains rich tag

Food delivery firm Swiggy, which is set to file for a potential public offering after re-entering the decacorn club of......

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