fbpx
33.1 C
New Delhi

Trends

Foodtech giant Zomato's shares surged͏͏ to͏͏ a͏͏ new͏͏ all-time͏͏ high͏͏ of͏͏ INR͏͏ 290.50͏͏ apiece͏͏ on͏͏ the͏͏ BSE͏͏ today͏͏ (September͏͏ 20),͏͏ propelled͏͏ by͏͏ a͏͏ broader͏͏ market͏͏ rally͏͏ that͏͏ saw͏͏ the͏͏ Sensex͏͏ and͏͏ Nifty50͏͏ also͏͏ reach͏͏ record͏͏ highs. The͏͏...
Sereko, India’s leading Psychodermatology Skincare brand, is making͏ s͏ig͏ni͏fi͏can͏͏t ͏str͏͏͏id͏e͏s͏͏͏ in ͏it͏͏͏s͏͏ ͏mis͏sion ͏t͏o ͏͏e͏͏n͏ha͏nce ͏access t͏o͏ hol͏istic sk͏͏͏͏͏incare sol͏͏uti͏ons. Th͏e brand͏ ha͏s par͏t͏͏͏n͏e͏͏͏red ͏with͏ TATA 1mg for ͏a͏͏ strate͏gic retail ͏͏ex͏p͏a͏nsion, launchi͏n͏͏g͏ in͏ 20 s͏t͏͏ore͏s͏...

Dabur, Jubilant Group in talks for major stake in Coca-Cola’s Indian bottler HCCB

The Burman family of Dabur and promoters of Jubilant Group, the Bhartias, are close to finalising separate deals to acquire a 40% stake in...

Zomato issues 38.72 lakh equity shares under ESOP plans

Zomato, the foodtech giant, has allocated 38.72 lakh equity shares under its employee stock option plans (ESOPs). In an exchange filing on Thursday (August 29),...

Bollywood icon Amitabh Bachchan’s family office acquires minor stake in Swiggy

High-net-worth individuals are increasingly turning to public markets-bound new-age firms, particularly quick-commerce companies, as their top investment picks. The family office of Bollywood superstar Amitabh...

BigBasket shifts focus to quick commerce with BB Now, aims for rapid 10-30-minute deliveries

Tata-owned BigBasket, the largest e-grocer known for its slotted deliveries, is transitioning into a full-scale quick commerce platform as the sector's rapid growth fuels...

Temasek in advanced talks for $100-150 Mn investment in Rebel Foods

Temasek, the Singaporean sovereign fund, is in advanced talks to lead a $100-150 million investment in Rebel Foods, the parent company of Faasos, Behrouz...

Swiggy targets $15 Bn valuation for its $1.2 Bn IPO

Foodtech giant Swiggy, last valued at $10.7 billion, is reportedly eyeing a $15 billion valuation for its $1 billion to $1.2 billion initial public...

Zomato shuts down intercity service ‘Legends’ just a month after relaunch

Just a month after reviving its intercity food delivery service, ‘Zomato Legends,’ Zomato founder and CEO Deepinder Goyal announced its discontinuation. ͏In a post on...

Water purifier brand Livpure secures INR 233 Cr in funding for expansion and R&D

Livpure, the Delhi NCR-based water purifier brand, has raised INR 233 crore (around $27.8 million) from London-based asset management firm M&G Investments and Ncubate...

Antfin Singapore Holding divests 2.1% stake in Zomato for INR 4,771 Cr

Antfin Singapore Holding divested over 2% of its stake in Zomato on Tuesday, raising INR 4,771 crore through open market transactions. Antfin Singapore Holding Pte...

Zomato to remove AI-generated food images following customer complaints

After numerous complaints from customers about AI-generated food and dish images on Zomato, CEO Deepinder Goyal a͏nnou͏nced ͏o͏n Sund͏ay t͏hat the ͏plat͏form will͏ r͏e͏m͏o͏ve...

Former ITC executive Sanjay Singhal appointed CEO of Wagh Bakri Tea Group

Sanjay Singhal, the former COO of ITC, has been appointed CEO of Wagh Bakri Tea Group. Si͏nghal͏, who was pivotal in ͏IT͏C’s dairy a͏n͏d...

Blinkit launches international services for Raksha Bandhan, accepts orders from 6 countries

With Raksha Bandhan approaching, Zomato-owned quick commerce platform Blinkit has launched services in select overseas markets. This expansion enab͏les users abroad to send ͏rakhis...

Recent articles

× Drop a, Hi?