FinanceZomato India drops to a historic low as the share lock-in period expires By Kaushiki Ghosh As a result of the one-year share lock-in term for promoters, workers, and other investors expiring upon the 2021 IPO,...
NewsZomato’s worth dropped by about $1 billion over two days after the Blinkit deal By Kaushiki Ghosh According to the sources, the investors questioned the business case for Zomato Ltd.’s acquisition of local grocery delivery startup Blinkit...
NewsZomato gets ready to acquire Blinkit for INR 4447 Crore By Nivedita Bangari The purchase of rapid commerce business Blinkit for Rs 4,447 crore in an all-stock deal was authorized by the board...
NewsZomato is looking to buy off Blinkit in a share-swap deal By Nivedita Bangari Multiple persons briefed on the situation indicated that online food-delivery provider Zomato is in talks to buy Blinkit, formerly Grofers,...
TechnologyThe falling stock prices of Paytm, Zomato and Nykaa: Learn more about the fall in stocks by the 6 questions below By Yashi Gupta Paytm, Zomato, PolicyBazaar, and Nykaa — four Indian digital businesses that went public last year — all hit new lows...
TechnologyZomato shares tumble after Gaurav Gupta’s exit got announced By Raunak Saha Today, Zomato’s co-founder Gaurav Gupta has stepped down from the company after six years of his stay, having earned the...
TechnologyZomato co-founder leaves the company after 6 years By Raunak Saha One of the biggest headline news came today in the form of the Indian food startup’s co-founder Gaurav Gupta announcing...
TechnologySoftBank’s Vision Fund is set to Invest $450 Million in Swiggy at $5.5 Billion Valuation By Aliasgar Ayaz As capital floods the world’s fastest-growing internet arena, India, SoftBank Group Corp. is investing in the Indian food delivery startup,...
TechnologyAbu Dhabi’s Mudabala planning GlobalFoundries IPO at $20 Billion Value By Aliasgar Ayaz Abu Dhabi’s Mubadala Investment Co. is getting chipmaker GlobalFoundries prepared for a U.S. initial public offering (IPO), people with knowledge...
TechnologyIs 2021 going to be the year of India’s Tech IPOs? By Aliasgar Ayaz The blockbuster IPO (Initial Public Offerings) debuts in 2020, like that of Mrs. Bector, Burger King, and Happiest Minds in...