Author: Ashutosh Dubey
Breaking News
Zomato’s Quick Commerce arm Blinkit pilots large order fleet
Blinkit, the quick commerce arm of Zomato, has begun testing a large order fleet in the Delhi NCR region. This development comes after Zomato...
JM Financial initiates coverage on Swiggy with ‘Buy’ recommendation
Brokerage firm JM Financial has initiated coverage on foodtech major Swiggy, giving it a 'buy' recommendation and setting a price target of INR 470,...
Global investment firm Prosus earns $2 Bn from Swiggy’s IPO
Global investment giant Prosus has reaped a whopping $2 billion from its investment in foodtech major Swiggy, which made its stock market debut on...
Godrej industries to acquire Savannah Surfactants for INR 76 Cr
Godrej Industries announced to buy Savannah Surfactants Limited’s food additives and emulsifier business for INR 76 crore. In a regulatory filing on Tuesday, Godrej...
Bhartia Family, Goldman Sachs in talks for 40% stake in Hindustan Coca-Cola Beverages
The Bhartia family, led by brothers Shyam and Hari, is in advanced negotiations with Goldman Sachs to acquire a 40% stake in Hindustan Coca-Cola...
Zomato welcomes Swiggy for stock market debut: “You and I… In this beautiful world”
Food tech major Zomato warmly welcomed Swiggy's debut on the stock market with a heartfelt social media post on Tuesday, November 13.Swiggy and zomato...
Swiggy to create 500 Crorepati employees via ESOP before IPO
Swiggy's upcoming public market listing is expected to make about 500 employees crorepatis due to stock options given through the company's ESOP (employee stock...
Nykaa targets 2-hour delivery for key products, moves from 10-minute model
Amid the quick-commerce boom in India, Nykaa is not focusing on 10-minute deliveries. Instead, the beauty and fashion ecommerce giant is aiming for delivery...
Sugar Cosmetics crosses INR 500 Cr revenue, registers 20% YoY
Sugar Cosmetics, a leading beauty ecommerce brand, has surpassed the INR 500 crore revenue mark in the financial year 2023-24, registering a 20% year-on-year...
NSE collaborates with Zomato to introduce financial literacy among delivery partners
The National Stock Exchange of India (NSE) announced on Tuesday, November 12 that it has partnered with Zomato to promote financial literacy and investor...
Gardening startup Ugaoo secures INR 47 Cr in Series A funding, eyes expansion
Ugaoo, an urban gardening startup, has raised INR 47 crore (about $5.6 million) in a Series A funding round led by V3 Ventures, with...
Amul sets course for Europe following successful US launch
After successfully launching in the US, Amul is set to expand into the European market by the end of November. Jayen S Mehta, Managing...