Zomato Shares Drop 14% to New Low as Pre-IPO Investor Lock-in Ends
Shares of the food delivery platform company fell 14% in intraday trading on the BSE on Monday, with Zomato hitting a record low of Rs...
Tag : Swiggy
Matrix Partners to Raise $450 Million for New India Fund
Matrix Partners India is a subsidiary of US venture capital (VC) firm Matrix Partners, which has backed unicorns such as Ola and Razorpay, according to...
Sequoia Raises $2.85 Billion for India, Southeast Asia Startups
Sequoia India and Sequoia Southeast Asia raised $2.85 billion through a series of funds, including the India Venture and Growth Fund and the $850 million...
BigBasket Gets Rs 350 Crore from Its Holding Company
The innovative retail concept owned by Tata, which operates the online grocery platform BigBasket, has received a Rs 350 crore infusion from the holding company...
Slice Raises $50 Million Led by Existing Investor Tiger Global
Lending and payments platform Slice has raised $50 million, led by existing investor Tiger Global, as part of a Series C round aimed at propping...
Swiggy Restores Genie, But Still Can’t Make Long-Distance Deliveries
After suspending Genie’s operations in cities including Bengaluru, Hyderabad and Mumbai for a week, food tech giant Swiggy has resumed operations this week, but with...
Swiggy Acquires Dineout, Times Internet’s Restaurant Technology Platform
Food aggregator and delivery platform Swiggy said on May 13 that it had signed a definitive agreement with Times Internet to acquire restaurant technology platform...
Swiggy Launches Accelerator Programme for Delivery Partners
On-demand convenience platform Swiggy said Monday it has launched an accelerator program that allows its delivery executives to transition into full-time managerial-level jobs with fixed...
Swiggy And Zomato Back Restaurant Tech Firm UrbanPiper
UrbanPiper, a one-stop restaurant management platform, had raised $24 million in Series B funding led by existing investors Sequoia Capital India and Tiger Global and...
Rapido Raises $177.5 Million From Foodtech Giant Swiggy, TVS Motor
Rapido has raised $177.5 million in a fundraising round headed by Swiggy. The round also saw participation from another new investor TVS Motors. Apart from...