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"I started feeling that the 30-minute average delivery time by Zomato is too slow, and will soon have to become obsolete. If we don’t make it obsolete, someone else will," Deepinder Goyal, the founder said. → Read More
The payments and financial services player is preparing for an Rs 18,300 crore initial public offering (IPO) that will open for subscription between November 8 and 10, 2021 at a price band of Rs 2,080- Rs 2,150. → Read More
Swiggy and Zomato are also partnering with restaurants to ensure access to basic facilities such as washrooms for the women delivery partners. → Read More
The employees who are working from home will be able to catch a glimpse of the ceremony on a live streaming link which will be shared only with the staff. → Read More
The Securities and Exchange Board of India (SEBI) is likely to announce the approval of the Zomato IPO on July 5. One of the most keenly awaited share sales in recent history, the online food delivery and restaurant-discovery platform is set to raise $1.2 billion through the share sale. → Read More
With this investment, Grofers will turn a unicorn, a term used to describe privately funded technology startups that have a valuation of a billion dollar and above. → Read More
Paytm is looking to raise Rs 12,000 crore through fresh issue of shares. → Read More
The company is in talks with Zomato for an investment → Read More
Higher input costs and scarcity of semiconductors have made smartphones dearer, but the demand for mobile phones has also fallen because of the disruption caused by the second wave of the pandemic. → Read More
The latest transaction follows the round in November when Tiger Global and Dragoneer Investment Group invested in the Unacademy Group at a valuation of $2 billion. → Read More
From entertainment, news to gaming, there is an audience for every genre. The explosion of digital content and rising monetisation potential offer a huge opportunity to content providers and investors alike. Little surprise then that tech giants like Google have joined the race. → Read More
Deep discounting, predatory pricing, preferential treatment to select sellers and similar practices have shaken small retailers in India and made a mockery of regulations. Only proactive rule-making that is based on substance and not form can save the day for crores of traders who have been laid low by giant foreign retailers and the pandemic. → Read More
The company was running bike taxis in the city which was reportedly illegal given the lack of a policy framework. → Read More
This $50 million to be raised by Ola is expected to be a part of the $1 billion, the company has been trying to raise. → Read More
The company, which currently has about 1,000 employees, plans to double the count this year → Read More
The government is mulling allowing FDI-funded e-commerce firms to switch over from the marketplace to inventory model. → Read More
Prominent deals during the period included back-to-back funds raised by Bengaluru-based food-tech firm Swiggy. → Read More
Prominent deals during the period included back-to-back funds raised by Bengaluru-based food-tech firm Swiggy. → Read More
PhonePe has managed to establish itself as a 360 degree payments service provider, instead of restricting itself to being a payments facilitator for Flipkart. → Read More
He was hired by Jabong as its chief operating officer (COO) and redesignated as the SVP of Myntra in January, as per his Linkedin profile → Read More