Wednesday, February 12, 2025

Growth

Day 3: Swiggy’s IPO oversubscribed by 3.59 times, led by QIBs

Swiggy, the food delivery giant, had its initial public offering (IPO) oversubscribed by 3.59 times, despite a slow start in the first two days. Swiggy...

India’s Textile Industry to see 6-8% growth in FY25 driven by US demand

India's home textiles industry is likely to see revenue growth of 6-8% for the fiscal year, with significant expansion coming from the domestic market...

Swiggy secures INR 5,085 Cr before IPO, issues 13.03 Cr shares

Foodtech giant Swiggy raised INR 5,085 Cr on Tuesday, November 5, from anchor investors at INR 390 per share, ahead of its IPO. The...

Arya.ag secures $19.8 Mn from US DFC, aims debt support for Aryatech

Agritech startup Arya.ag has received a $19.8 Mn (INR 166.4 Cr) commitment from US International Development Finance Corporation (DFC) to provide a debt facility...

Bikaji shares surge 10% following 15% profit boost in Q2 FY25

Bikaji Foods International's share price jumped 9.82% to INR 918 per share on the Bombay Stock Exchange (BSE) in Friday's intraday trades after the...

OYO restructures leadership in key verticals to accelerate global growth

OYO, the hospitality unicorn, is shaking up its top leadership by promoting five executives in technology, product, strategy, operations, and distribution.First off, Sonal Sinha...

Unilever exits Russia, sells operations and factories for unrevealed Sum

UK consumer goods giant Unilever announced on Thursday, October 16 that it sold its Russian business to Arnest Group, a local producer of perfume,...

Evenflow strengthens Quick Commerce, D2C and supply chain verticals with new heads

Evenflow Brands, an e-commerce growth company has hired four experienced leaders. These executives, formerly from Uber, bring expertise in key areas that are business,...

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