Tag: zomato
Swiggy escalates India quick commerce battle with 10-minute meals
Swiggy, India’s leading food delivery startup, said Friday it has started to deliver meals in 10 minutes across parts of major cities, intensifying...
Invesco raises its valuation of Swiggy to $13.3B
U.S. asset manager Invesco has raised the value of its stake in Swiggy, ascribing an implied valuation of about $13.3 billion to the...
Zepto, snagging $1 billion in 90 days, projects 150% annual growth
Zepto co-founder Aadit Palicha told a group of analysts and investors on Tuesday that the Indian delivery startup anticipates growth of 150% in...
M&A can open up the playing field for the competition
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Zomato buys Paytm’s entertainment ticket business for $244 million
Zomato, the Indian food delivery giant, has acquired the entertainment ticketing business of financial services firm Paytm for $244.1 million, signaling a strategic...
Zepto hits $5B valuation as quick commerce heats up in India
Zepto has finalized a $340 million round that increases its valuation to $5 billion, up from $3.6 billion in June, as the startup...