Tag: zomato
India’s Zomato to raise $1B ahead of rival Swiggy IPO
Zomato said on Tuesday its board had approved the company’s proposal to raise $1 billion through a so-called qualified institutions placement, its first...
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...