Rapido Secured USD 200 Million Funds, to Expand into Quick Commerce Segment
Rapido secured USD 200 million in a funding round led by current investor WestBridge Capital. The ride-hailing app Rapido has reached a valuation of USD...
Tag : Swiggy
Quick Commerce Penetration Beyond Metro Cities in India
Quick Commerce services in India are at a crucial stage, similar to food delivery services a few years ago. The quick commerce sector in India...
Swiggy UPI Allows Users to Conduct UPI Transactions Directly within Swiggy App
Swiggy has introduced Swiggy UPI, a new feature simplifying its users’ in-app payment process. By incorporating the UPI Plugin solution from the National Payments Corporation...
IRCTC Shares Slip 2% Despite Signing a Deal with Swiggy
Shares of Indian Railway Catering and Tourism Corporation were trading in the red and 2% lower on 6 March despite the company announcing signing an...
Swiggy to Acquire Retail Distribution Company Lynk For an Undisclosed Sum
Online food delivery platform Swiggy said it had acquired retail distribution company Lynk Logistics Ltd to enter the massive retail market. Both companies have not...
Swiggy Starts Charging Rs 2 Platform Fee Per Order from Users in Metro Cities
Swiggy, the online food delivery startup, has started charging users a “platform fee” of Rs 2 per food order, irrespective of the cart value. The...
ONDC Crosses 5000 Food, Grocery Orders Daily, Grows 25 Times
Online Network for Digital Commerce (ONDC) has surpassed the milestone of 5,000 daily orders in the retail group, including foods and beverages (F&B) and grocery,...
Prosus Values its 9.67% Stake in Byju’s at $578 Million
Netherlands-based tech investor Prosus recorded a fair value of its 9.67% stake in Byju’s at $578 million at the end of the September quarter, as...
PhonePe Raises General Atlantic at $12 Billion Valuation
Payments and financial services unicorn PhonePe is in talks for a new funding round led by General Atlantic at a valuation of more than $12...
Supernova Raises $1.1 Million Funding from Lumikai, Others
On October 13, Supernova, a startup that provides interactive live quizzes for kids on CBSE topics, said it had raised $1.1 million in funding led...