Swiggy
General
Barring Byju's write-off, how Prosus' India portfolio fared in FY24
Global technology investor Prosus recently wrote off one of its largest bets ever in beleaguered education company Byju......
General
Grapevine: Everstone to merge two portfolio firms; Carraro Group's India unit mulls IPO
Everstone Capital is set to merge two of its healthcare portfolio companies, Translumina Therapeutics and Everlife ......
TMT
Swiggy, Zepto and Zomato's Blinkit cash in on quick commerce boom
In a middle-class suburb of Mumbai, workers at SoftBank-backed Swiggy's grocery warehouse race against time to ......
TMT
SoftBank, Prosus-backed Swiggy gets shareholder nod for $1.25 bn IPO
Indian food and grocery delivery startup Swiggy has received approval from its shareholders for a $1.25 billion initial ......
Consumer
Consumer goods firms gear up to cash in on a sizzling summer
Indian consumer goods companies such as makers of cooling systems, beer and ice cream are attempting to capitalise on a ......
General
Grapevine: Tesla, RIL in talks for EV plant; PremjiInvest may bet on Canva
Tesla is in talks with Reliance Industries (RIL) to establish a joint venture for manufacturing electric vehicles (EV) ......
TMT
How India's top-funded startups curbed cash burn as VC funding slowed
India’s top-funded startups reduced their average monthly cash burn rate in the financial year ended March 2023, as ......
TMT
Indian startups' income from VC cash lying in bank deposits, mutual funds jumps again
India’s top technology startups generated high non-operating revenue for the second year in a row during the 12 months......
TMT
India's top-funded tech startups reined in FY23 losses as revenue growth slowed
India's top-funded technology startups, which went overboard with expenses to attract talent and customers in 2021-......
TMT
SoftBank-backed Swiggy posts a $200 mn loss for April-Dec FY24
Food delivery giant Swiggy recorded a $200 million loss for the nine months to December 2023, according to an internal ......
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